Originally posted by: TehMac
Couple reasons:
1) Government is printing out money, to try and circulate money, in an age old attempt to try and prime pump in accordance with the mammoth economist Keynes.
2) They've lowered interest rates, which means that there really IS more money in circulation because more people are borrowing, but it's possible their govt didn't issue enough (or any) commercial paper.
Also keep in mind that while inflation is real, inflation is measured on the CPI index, which is problematic because price risings each year could be due to a number of factors, including supply and demand, as well as an increase in quality of a particular product. So the inflation rate is probably a percent or so lower than the media say it is.
And never trust the media when they're talking about economics. Keith Olbermann, Bill O'Reilly, they're all the same, clueless when it comes to economics. In fact, don't trust the media.
Originally posted by: amdhunter
Originally posted by: TehMac
Couple reasons:
1) Government is printing out money, to try and circulate money, in an age old attempt to try and prime pump in accordance with the mammoth economist Keynes.
2) They've lowered interest rates, which means that there really IS more money in circulation because more people are borrowing, but it's possible their govt didn't issue enough (or any) commercial paper.
Also keep in mind that while inflation is real, inflation is measured on the CPI index, which is problematic because price risings each year could be due to a number of factors, including supply and demand, as well as an increase in quality of a particular product. So the inflation rate is probably a percent or so lower than the media say it is.
And never trust the media when they're talking about economics. Keith Olbermann, Bill O'Reilly, they're all the same, clueless when it comes to economics. In fact, don't trust the media.
Nah, I am pretty sure it was all Bush and the Republicans.
Originally posted by: tboo
Originally posted by: amdhunter
Originally posted by: TehMac
Couple reasons:
1) Government is printing out money, to try and circulate money, in an age old attempt to try and prime pump in accordance with the mammoth economist Keynes.
2) They've lowered interest rates, which means that there really IS more money in circulation because more people are borrowing, but it's possible their govt didn't issue enough (or any) commercial paper.
Also keep in mind that while inflation is real, inflation is measured on the CPI index, which is problematic because price risings each year could be due to a number of factors, including supply and demand, as well as an increase in quality of a particular product. So the inflation rate is probably a percent or so lower than the media say it is.
And never trust the media when they're talking about economics. Keith Olbermann, Bill O'Reilly, they're all the same, clueless when it comes to economics. In fact, don't trust the media.
Nah, I am pretty sure it was all Bush and the Republicans.
Yeah, thats it :roll:
Originally posted by: amdhunter
Nah, I am pretty sure it was all Bush and the Republicans.
Originally posted by: TehMac
Originally posted by: amdhunter
Nah, I am pretty sure it was all Bush and the Republicans.
Yep, we better send Obama over to Europe so he can fix it all, the Eurowankers want him more than Americans do.
Originally posted by: amdhunter
Originally posted by: TehMac
Originally posted by: amdhunter
Nah, I am pretty sure it was all Bush and the Republicans.
Yep, we better send Obama over to Europe so he can fix it all, the Eurowankers want him more than Americans do.
Hey, we are talking about the UK, not Europe.
Originally posted by: wetcat007
What I really don't get is why the US dollar is now rising in value against the UK pound and the Euro..
Originally posted by: TehMac
Couple reasons:
1) Government is printing out money, to try and circulate money, in an age old attempt to try and prime pump in accordance with the mammoth economist Keynes.
2) They've lowered interest rates, which means that there really IS more money in circulation because more people are borrowing, but it's possible their govt didn't issue enough (or any) commercial paper.
Also keep in mind that while inflation is real, inflation is measured on the CPI index, which is problematic because price risings each year could be due to a number of factors, including supply and demand, as well as an increase in quality of a particular product. So the inflation rate is probably a percent or so lower than the media say it is.
And never trust the media when they're talking about economics. Keith Olbermann, Bill O'Reilly, they're all the same, clueless when it comes to economics. In fact, don't trust the media.