UK inflation up to 4.4% in July

Started by chithappens5 pages

I'm a complete economics noob but I have to call bullshit anytime I come across stuff like this.

Gas prices in the U.S. have dropped a whole lot. About 10 days ago gas was $4.03 in Memphis, but yesterday I saw a pump with $3.41 😂.

We are all being screwed.

Edit: It is $5.00 + in bigger cities like chicago and los angeles.

Originally posted by Lara
yeah well dont worry about his arse! think about what you gotta do. apparently the rates havent peaked yet and may not drop until next year!!!!

its ****ing stupid! if the country goes into recession then we are all screwed!

That, my lady, is capitalism failure. I gave conferences about that a two years ago, and wasn't taken seriously due to my age (19).

Well, now I get to say I told you so. 😛

I'm joyful because nothing can change. We are tied in a cricle we can no longer be free of. Once everything crumbles, we'll rise again, hoping for a better system. But until then, it's just going to get worst and worst. Those optimistic about any recovery of the capitalism system is either filthy rich, or is a complete imbecile.

I'm not saying I know of a better way. I'm just going to quote Batman; The Dark Knight:

''Things will get alot worst before they get better''. Thank you Alfred.

What is happening in England is normal, it being the most capitalist country in the world. But you're followed closely by the USA and Canada, still ok but not far behind. And when you look at the other countries of the world, you can see all are struggling, either because of their capitalist system, or because they depend on a capitalist country.

Russia will soon laugh their heads off 😛

Originally posted by chillmeistergen
I couldn't care less who he has and hasn't slept with.

He apparently wants you to care...which is why he tells everyone who listens.

If the Conservatives win. Scotish voters will feel isolated and vote SNP in their droves- Alex Salmond will get indepedence.

I mean, though I didn't like the idea at first, I am starting to think maybe "It's Time".

What's SNP?

not too sure myself!

scottish national parliment?

Scottish National Party.

thankyou chill

Declaring independance... did Bjork come and sing in the UK?

Originally posted by Mandos
That, my lady, is capitalism failure. I gave conferences about that a two years ago, and wasn't taken seriously due to my age (19).

Well, now I get to say I told you so. 😛

I'm joyful because nothing can change. We are tied in a cricle we can no longer be free of. Once everything crumbles, we'll rise again, hoping for a better system. But until then, it's just going to get worst and worst. Those optimistic about any recovery of the capitalism system is either filthy rich, or is a complete imbecile.

I'm not saying I know of a better way. I'm just going to quote Batman; The Dark Knight:

''Things will get alot worst before they get better''. Thank you Alfred.

What is happening in England is normal, it being the most capitalist country in the world. But you're followed closely by the USA and Canada, still ok but not far behind. And when you look at the other countries of the world, you can see all are struggling, either because of their capitalist system, or because they depend on a capitalist country.

Russia will soon laugh their heads off 😛

England being the most capitalist country? A-are you crazy? Shouldn't you know something about Capitalism before damning it?

Originally posted by Bardock42
England being the most capitalist country? A-are you crazy? Shouldn't you know something about Capitalism before damning it?

😛 Wanted to prove my point somehow. Who cares if it is or not... probably not... what I say shouldn't be discredited because of this 🙄

Originally posted by Mandos
😛 Wanted to prove my point somehow. Who cares if it is or not... probably not... what I say shouldn't be discredited because of this 🙄

I think it is discredited by making little sense. Capitalism is an easy target, usually the arguments are horribly stupid and wrong though.

Originally posted by Bardock42
I think it is discredited by making little sense. Capitalism is an easy target, usually the arguments are horribly stupid and wrong though.

True to some extent. Many people bash at capitalism as the devil, sustaining this view with very disturbingly bad arguments. However, let's not protect capitalism. Intelligent people should see what it really is. And the picture isn't pretty. You and I don't know any better, we've been born in this system and are living with it. We got accostomed to it. But that doesn,t mean it's the best. What I did, as you should, just for teh fun of it, is to extract yourself from this corrupted environment, see iot as somebody who does not take part in it. Study it, read, whatever it takes for you to understand the most of it. You may see then what I see now: a disturbed society that will not last long.

Think about it. Making the world better is over now. All the leaders in the world are now fighting to keep it as stable as possible, economically, politically, allmost every aspect. We don't tend to reach further to the light, we just want to keep the system from getting worst. That's why the world in general is losing hope with everything. I'm not going to go in the complicated aspects so that everyone may understand this. You may say all of what I wrote are opinions, I say that we have reached a point where opinions meet facts.

Originally posted by Mandos
What is happening in England is normal, it being the most capitalist country in the world. But you're followed closely by the USA and Canada, still ok but not far behind. And when you look at the other countries of the world, you can see all are struggling, either because of their capitalist system, or because they depend on a capitalist country.

there is no reason to think that the Bank of Canada's controls on inflation can't keep it in a reasonable target range

although yes, according to latest stats it is .10 % higher than target (3.10), and is rising somewhat faster than expected, although this can be attributed almost entirely to fuel costs, as other inflation actually slowed from 1.7 to 1.5 from April to June of this year. With gas like 10 cents cheaper here since june/july, and at the very least stable prices, this should bode very well for inflation in Canada.

http://www.tradingeconomics.com/Economics/Inflation-CPI.aspx?Symbol=CAD

also, just to brag, according to this data, Canada's interest rate is lower than the American dollar, the Euro, the British pound, the australian and new zealand currencies and china. We are tied with the Swiss and behind Japan.

Originally posted by Mandos
True to some extent. Many people bash at capitalism as the devil, sustaining this view with very disturbingly bad arguments. However, let's not protect capitalism. Intelligent people should see what it really is. And the picture isn't pretty. You and I don't know any better, we've been born in this system and are living with it. We got accostomed to it. But that doesn,t mean it's the best. What I did, as you should, just for teh fun of it, is to extract yourself from this corrupted environment, see iot as somebody who does not take part in it. Study it, read, whatever it takes for you to understand the most of it. You may see then what I see now: a disturbed society that will not last long.

Think about it. Making the world better is over now. All the leaders in the world are now fighting to keep it as stable as possible, economically, politically, allmost every aspect. We don't tend to reach further to the light, we just want to keep the system from getting worst. That's why the world in general is losing hope with everything. I'm not going to go in the complicated aspects so that everyone may understand this. You may say all of what I wrote are opinions, I say that we have reached a point where opinions meet facts.

As you may or may not know, I am an anarchist, so, in fact, I do want to change the current system. And that you say we were born into a capitalist system is just ridiculous, their are slight capitalist trades in many western countries (which makes them very succesful), but on the whole at least every European country has strong socialist influences. And the US, though probably being closest to a capitalist society in most ways, still has an incredibly strong corporate socialism to it's government. A truly free market is not available in any western country I know of.

Originally posted by Bardock42
As you may or may not know, I am an anarchist, so, in fact, I do want to change the current system. And that you say we were born into a capitalist system is just ridiculous, their are slight capitalist trades in many western countries (which makes them very succesful), but on the whole at least every European country has strong socialist influences. And the US, though probably being closest to a capitalist society in most ways, still has an incredibly strong corporate socialism to it's government. A truly free market is not available in any western country I know of.

We can decorticate everything to understand every little words, but I trust you've gotten the big picture of my message. 😛

If Scotland goes independent...will the UK lose its seat on the UN Security Council?

(For those who don't know (and I bet there are a few) the UK is made up of Scotland, Northern Ireland, England and Wales, so if Scotland left the UK would still be there and it would not just become England.)

Whales... such a joke.

Originally posted by Mandos
Whales... such a joke.

I hope that was intentional.

lol, partly 😛 It's true the best singers come from there... ya...

Originally posted by Grand_Moff_Gav
If Scotland goes independent...will the UK lose its seat on the UN Security Council?

(For those who don't know (and I bet there are a few) the UK is made up of Scotland, Northern Ireland, England and Wales, so if Scotland left the UK would still be there and it would not just become England.)


There isn't a concrete reason for them to get kicked off of the Security Council, and it really isn't an issue since Scottish independence is a goal a long time away.