Is inflation here?

[N Rothschild]

Just been pondering this, lots of little things ive been feeling lately going about daily life that inflation is starting. I wont say why

Anyone else been getting the inflation vibe?

 

[arabianights]

I haven't felt it yet but God knows it's going to happen!

 

[N Rothschild]

its just been small things really, like wlaking out the supermarket thinking **** me dont get much for your money these days..that sorta thing

 

[counter_violent]

Devaluation of the pound makes inflation a given as imports become relatively more expensive.

Downward pressure on wages will add to the problem. Labour pool will grow.

 

[WallStreetHero]

doubt the pound will devalue much, but the dollar will surly drown with the feds printing presses running wildly since the last few years, hyperinflation is around the corner.

 

[counter_violent]

doubt the pound will devalue much

Where have you been? It's already happened !

 

[N Rothschild]

Where have you been? It's already happened !

mars by the sounds of it, the pound is worthless..or near enough

 

[ForexExpert]

It's happening right now unfortunately, the pound & the USD are having issues

 

[Skill Leverage]

Got the new exchange rates at work today... GBP/EUR is at 1.03... gross. I'm with arabian on this one, it's not here yet but it's going to blow soon, and blow big. Grab yerselves some gold.

 

[arabianights]

Skill.... sterling's rallying massively today in fact... GBPEUR is 1.0679

 

[Skill Leverage]

Skill.... sterling's rallying massively today in fact... GBPEUR is 1.0679

We get our rates monthly in my current line of work... but 1.0679... I can hear the champagne corks popping now... :whistling