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Mrben
16 Nov 11 11:20
Joined:
Date Joined: 25 Oct 03
| Topic/replies: 5,929 | Blogger: Mrben's blog
Once again my accuracy in prediction is proved to be correct and mellys absurdity  has been publically exposed.

Time to retire from the forum you clownCrazy

http://www.cnbc.com/id/45319622

click the link and it will read that BOE has SLASHED INFLATION FORECASTS  due to economic downturn.
Inflation eased to 5 percent in October and King said in an explanatory letter to the government on Tuesday that he expected it to fall sharply in the next six months and return to around target by the end of 2012 as one-off effects from this year's VAT rise fall out of the data.

The Inflation Report reiterated that view. In its August forecasts, the BoE had expected inflation to fall to just over 2 percent by the end of 2012 and to 1.7 percent by the end of 2013."


good lord thats embarrassing for you melly.Excited 1.7% end 2013. Wheres your hyperinflation event you complete nincompoop?

melly- apologize to ALL you have ridiculed here.You are a proven penniless fool.Angry
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Report Menelaus November 16, 2011 12:40 PM GMT
Wow, bennyboy, it's starting to look more and more like I have my hook in you pretty deep. It seems like you can't show up here anymore without always screaming "melly, melly, melly" from the top of your lungs. I must say though, I do like it. Laugh


Now on with today's lesson for you bennyboy.


They are lying. They need cover for massive money printing that's coming up to cover the huge holes left behind by imploding bank balance sheets. "There's no inflation" is the cover story.

Of course an idiot like you who reads cnbc to get his news and totally incapable of critical thinking swallows the whole story hook line and sinker.......and posts about it to prove his idiocy beyond any doubt.

End of lesson. Devil
Report bobby2424 November 16, 2011 6:07 PM GMT
menelaus, the "it's a conspiracy!" line is a little disappointing. I would rather have said that mr ben is very confused about the 2 types of inflation. Hyperinflation is a loss of faith in a currency. Not inflation that is high
Report Menelaus November 16, 2011 6:41 PM GMT
the "it's a conspiracy!" line is a little disappointing.

The BoE lying to suit their agenda is hardly a "conspiracy theory". This is the same bunch who were telling us two years ago that they expected CPI to climb to 1.5pc from 1.1pc before we ended up with over 5pc. Do you think with their army of economists, and access to data I would give my right hand to obtain, they would get that wrong? Wake up.



"I would rather have said that mr ben is very confused about the 2 types of inflation. Hyperinflation is a loss of faith in a currency. Not inflation that is high"

Heaven knows I've tried, a five-year old would have gotten it by know. Stupidity in extremis.
Report FINE AS FROG HAIR November 16, 2011 7:31 PM GMT
I can't quite accept that a lid could be kept on the varying opinions of the " army of economists" working for the BoE, if outright false statements by King, or lying as Menelaus said, is happening.
Is the UK that much of a police state ?
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