Inflation and recession - Page 4

bl52krz · 13th May 2022, 21:41

Quote:

Originally Posted by MissMoppet

Not her old fruit, different monarch another century - unless you mean a Victoria Sponge?

Sorry. It was Marie Antoinette.

Ray L · 14th May 2022, 13:31

Quote:

Originally Posted by bl52krz

If you wish to fritter your money away, then I don’t see why I And you should give them any more to pay what they should have paid to start with. As Queen Victoria said ‘Let them eat cake. 🥶🤥🥴

Methinks Marie Antoinette was the cakey person.

Borg Warner · 14th May 2022, 13:55

Probably best we don't lose our heads over all of this that's for sure.

Bazzateer · 14th May 2022, 19:41

It wasn't even the type of cake we think of today.

mbev51 · 19th May 2022, 07:47

Not sure the government has a way forward to deal with this developing situation.

macafee2 · 19th May 2022, 08:04

is spending the way out of a recession, if people spend and not put it on a credit card does that not take us out of recession ?

macafee2

wraymond · 19th May 2022, 08:56

That's growth, but only growth of debt (which is only achieved by an increase in borrowing). Which increases the inability to repay longer term debt by increasing interest rates. Which increases the inability to repay earlier primary debt. It also makes for very happy bankers. I nearly misspelled that. Then, ultimately, given the huge numbers who borrow, sow the seeds of the eventual crash. Q.E.D.

Borg Warner · 19th May 2022, 09:09

To be fair no government has an answer the population would accept, yet our biased media and the vociferous political opposition have folks believing differently.

coolguy · 19th May 2022, 11:06

The rate of inflation, however calculated is NOT news. It is a statistical fact of which we are all only too painfully aware. Much is caused by global matters over which all Governments have little or no control, so these are the news - not the headline rate. Media, please shut up - the cost of living is different for every individual depending on needs and lifestyle.

mileshawk56 · 20th May 2022, 12:02

Maninder,"one of us Indians in disguise" blimey I have had enough problems with the British Class system let alone getting involved in the Indian caste system. Maybe on reflection, possibly "Strickland going fantee" could be? maybe not. Chris.S.

14th May 2022, 19:41	#34
Bazzateer Avid contributor Rover 75 & MG ZT Join Date: Jan 2022 Location: Watford Posts: 215 Thanks: 70 Thanked 67 Times in 44 Posts	It wasn't even the type of cake we think of today. __________________ 03 75 1.8 Club SE saloon in Royal Blue (currently for sale) 06 ZT 190+ saloon in Royal Blue (Last ever in this colour/spec) 07 BMW 530D Touring 98 Pilote Galaxy 27S motorhome 76 Datsun 260Z 2+2 72 Sunbeam Imp Sport 68 Singer Chamois Sport

19th May 2022, 08:56	#37
wraymond I will find or make a way 75 Auto 2.5 SE Join Date: Feb 2010 Location: Westcliff on Sea Posts: 4,704 Thanks: 419 Thanked 1,595 Times in 957 Posts	That's growth, but only growth of debt (which is only achieved by an increase in borrowing). Which increases the inability to repay longer term debt by increasing interest rates. Which increases the inability to repay earlier primary debt. It also makes for very happy bankers. I nearly misspelled that. Then, ultimately, given the huge numbers who borrow, sow the seeds of the eventual crash. Q.E.D. __________________ member no. 235 Last edited by wraymond; 19th May 2022 at 09:02..

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14th May 2022, 13:55	#33
Borg Warner I really should get out more....... None Join Date: Feb 2010 Location: Suffolk Posts: 2,350 Thanks: 436 Thanked 598 Times in 362 Posts	Probably best we don't lose our heads over all of this that's for sure.

19th May 2022, 07:47	#35
mbev51 Posted a thing or two 75 cdt tourer Join Date: Dec 2013 Location: Cumbria Posts: 1,352 Thanks: 181 Thanked 308 Times in 219 Posts	Not sure the government has a way forward to deal with this developing situation.

19th May 2022, 08:04	#36
macafee2 This is my second home Rover 75 Saloon & Tourer Join Date: Sep 2012 Location: Lincoln Posts: 13,234 Thanks: 1,537 Thanked 2,886 Times in 2,057 Posts	is spending the way out of a recession, if people spend and not put it on a credit card does that not take us out of recession ? macafee2

19th May 2022, 09:09	#38
Borg Warner I really should get out more....... None Join Date: Feb 2010 Location: Suffolk Posts: 2,350 Thanks: 436 Thanked 598 Times in 362 Posts	To be fair no government has an answer the population would accept, yet our biased media and the vociferous political opposition have folks believing differently.

19th May 2022, 11:06	#39
coolguy Coolguy Rover 75 CDT Tourer Auto, Rover 75 2.0 Connoisseur Auto, MG ZT 2.5 Auto and MG ZT Cdti Auto (Monogra Join Date: Nov 2009 Location: Finedon Posts: 1,725 Thanks: 889 Thanked 612 Times in 411 Posts	The rate of inflation, however calculated is NOT news. It is a statistical fact of which we are all only too painfully aware. Much is caused by global matters over which all Governments have little or no control, so these are the news - not the headline rate. Media, please shut up - the cost of living is different for every individual depending on needs and lifestyle.

20th May 2022, 12:02	#40
mileshawk56 Posted a thing or two MGZT Join Date: Jul 2015 Location: Reading Posts: 1,131 Thanks: 1,671 Thanked 286 Times in 207 Posts	Maninder,"one of us Indians in disguise" blimey I have had enough problems with the British Class system let alone getting involved in the Indian caste system. Maybe on reflection, possibly "Strickland going fantee" could be? maybe not. Chris.S.