|
Post by Reviewer on Jun 21, 2023 11:04:59 GMT
|
|
geefe
Full Member
Short for Zangief
Posts: 8,323
|
Post by geefe on Jun 21, 2023 11:33:40 GMT
Thinking medium term; what can Labour do when they get in?
|
|
sport✅
Junior Member
notice me senpai
I want to claim my tits
Posts: 2,276
|
Post by sport✅ on Jun 21, 2023 11:38:55 GMT
Reverse the inflation!!
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 21, 2023 11:43:26 GMT
That link doesn't say anything about Tesco, Unilever and most other huge companies .... It says Corporate profit. Energy is part of that, so are banks probably. Try again.
|
|
|
Post by Whizzo on Jun 21, 2023 11:45:00 GMT
Labour taking over and not looking like a bunch of squabbling, thick poshos costs the public and the Treasury nothing and would at least help regain a bit of confidence that things will change.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 21, 2023 11:48:28 GMT
Yeah the Tory's pre Brexit weren't incompetent, just cunts. The problem has been created by Brexit and the exponential increase of incompetent twats given power after it. Put clown in charge, you get a circus. Combine that with also being cunts, a global pandemic and you have what we have now.
|
|
|
Post by manfromdelmonte on Jun 21, 2023 12:01:37 GMT
One of the reasons higher interest rates should ameliorate inflation is that you currency should rise in value and imports fall in cost. But the current sack of squabbling, incompetent, greedy rats undermine confidence in this country so much, I don't think it's shifting the needle much.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 21, 2023 12:15:14 GMT
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 21, 2023 12:24:25 GMT
|
|
|
Post by Reviewer on Jun 21, 2023 16:48:13 GMT
That link doesn't say anything about Tesco, Unilever and most other huge companies .... It says Corporate profit. Energy is part of that, so are banks probably. Try again. Do you not have Google or access to the internet apart from links from here? If you want to think it’s only banks and energy companies then feel free to believe that.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 21, 2023 20:23:17 GMT
OK I will. Thanks.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 21, 2023 20:25:38 GMT
That link doesn't say anything about Tesco, Unilever and most other huge companies .... It says Corporate profit. Energy is part of that, so are banks probably. Try again. Do you not have Google or access to the internet apart from links from here? If you want to think it’s only banks and energy companies then feel free to believe that. OK I will. You continue to believe the big bad companies are all taking your money too.
|
|
|
Post by Reviewer on Jun 22, 2023 6:30:04 GMT
I will. Because many are.
|
|
geefe
Full Member
Short for Zangief
Posts: 8,323
|
Post by geefe on Jun 22, 2023 7:40:45 GMT
More rate rises.
Genuinely, I think a 6% max is a pipe dream. It'll go up to 8%, then settle back down at about 4. Tories have absolutely lost control of the horse.
It's also really fucking with the housing market they dearly love. Nobody is buying and there's fuck all available. So they've buggered that as well.
Feel for my mates who have no idea what their mortgage rate is going to be by the time they come to buy, if they even do.
|
|
cubby
Full Member
doesn't get subtext
Posts: 6,124
|
Post by cubby on Jun 22, 2023 9:18:13 GMT
They haven't done anything to actually try to reduce inflation.
All they're doing is raising rates, you can't just do that on it's own, that will make everything worse. It's so infuriating that anyone is perceiving sunak as capable, he's literally doing nothing to help people.
|
|
geefe
Full Member
Short for Zangief
Posts: 8,323
|
Post by geefe on Jun 22, 2023 9:24:11 GMT
Quite. Other than the help for energy, which was fairly measly, there's been nothing actually targeted.
Load of people striking over cost of living? They sat back. Rather than looking at core issues.
Could have spent the last year pumping money into things to try and stabilise stuff. Subsidised meals, roll out of insulation or proper energy support. Moratorium on standing charge.
But nope.
|
|
|
Post by drhickman1983 on Jun 22, 2023 9:28:14 GMT
Whenever they mention hospitality being one of the causes for the continuing inflation I look at the gig tickets I've bought this year, far more than the last few years or even pre-covid, and think it must be my fault. Sorry guys.
|
|
geefe
Full Member
Short for Zangief
Posts: 8,323
|
Post by geefe on Jun 22, 2023 9:30:24 GMT
Ok. We'll all stop going out then.
That'll help.
|
|
|
Post by Resident Knievel on Jun 22, 2023 9:43:55 GMT
Quite. Other than the help for energy, which was fairly measly, there's been nothing actually targeted. Load of people striking over cost of living? They sat back. Rather than looking at core issues. Could have spent the last year pumping money into things to try and stabilise stuff. Subsidised meals, roll out of insulation or proper energy support. Moratorium on standing charge. But nope. And a wealth tax to pay for it.
|
|
|
Post by technoish on Jun 22, 2023 9:57:08 GMT
Increasing taxes would actually really help stop inflation.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 22, 2023 10:19:28 GMT
|
|
geefe
Full Member
Short for Zangief
Posts: 8,323
|
Post by geefe on Jun 22, 2023 10:47:26 GMT
Got an unlocked version of that?
Nevermind. Got it.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 22, 2023 10:51:58 GMT
:/ nope, everyone should have a free number of articles from them?
|
|
geefe
Full Member
Short for Zangief
Posts: 8,323
|
Post by geefe on Jun 22, 2023 10:54:03 GMT
As someone who isn't so knowledgeable on this, what are the medium term fixes? 2-5 years?
|
|
|
Post by Whizzo on Jun 22, 2023 11:04:25 GMT
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 22, 2023 11:14:39 GMT
Thank god Brexit protected us from the worst of this.
|
|
geefe
Full Member
Short for Zangief
Posts: 8,323
|
Post by geefe on Jun 22, 2023 11:18:39 GMT
Faisal also points out this is affecting far fewer people and isn't actually achieving what they want as most are on fixes.
Also read a thing that, ironically, the government caused this with the stamp duty holiday two years ago to push through a load of house purchases. That shot prices up, so people took shorter fixes, with the idea they'd remortgage around now to just get on the ladder.
So now they've got a house that they paid too much for and is about to cost somewhere between £200-400 a month more.
Yeah. They've proper fucked this.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 22, 2023 11:21:40 GMT
We (the UK) deserve this for our collective hubris.
|
|
mcmonkeyplc
Junior Member
General Martok Qapla!
Posts: 3,018
|
Post by mcmonkeyplc on Jun 22, 2023 11:46:16 GMT
Called it!
|
|
|
Post by stuz359 on Jun 22, 2023 14:33:28 GMT
|
|