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Re: BOE minutes cannot be transcribed.............lol!

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 14 Mar 14 9:27 PM | 47 view(s)
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Msg. 15263 of 54959
(This msg. is a reply to 15261 by faul)

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"The start of Hyperinflation will be a US currency
event predicted this year......"

Ha. You are like snackman. Every year there is a prediction. Next year will be the same.

The ending of the credibility of the US Federal Reserve is the only thing that would generate hyperinflation.

Hyperinflation is rare. Only times I know of it occurring in the last century was Weimar Germany (post WW1 and unaffordable reparations) and Zimbabwe (nutter in charge).

You must be expecting an asteroid strike.

Re inflation - I mentioned three inputs for an inflationary environment. Consumption, labour, house prices. The UK economy isn't booming, it has high unemployment etc. So still a way to go before inflation becomes an issue.


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The above is a reply to the following message:
Re: BOE minutes cannot be transcribed.............lol!
By: faul
in ALEA
Fri, 14 Mar 14 8:01 PM
Msg. 15261 of 54959

Hi Alea.....


My theory is just fine......Smile

The start of Hyperinflation will be a US currency
event predicted this year......

As for "inflation won't occur in an environment in which property values are dropping off a cliff"...

The average UK home now costs a record 10 times
the average UK wage........when do you call that
inflationary.....at 20 times?

I am not in charge of crashing the system,bursting
bubbles,hyperinflation & wars.....so timing is
difficult to predict!Smile



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