From: curiosity
Newsgroups: uk.finance
Subject: Re: Property Prices down in August!!
Date: Wed, 31 Aug 2005 13:34:02 +0100
On Wed, 31 Aug 2005 12:43:11 +0100, Richard Faulkner
wrote:
>In message <3ftah1ph2s72rjui34u8n8bqnqahq1sp3m@4ax.com>, curiosity
> writes
>>On Wed, 31 Aug 2005 00:46:21 +0100, Richard Faulkner
>> wrote:
>>
>>>In fact, interest rate reductions would be more
>>>sensible in order to encourage spending, and to take some of the heat
>>>out of the inflationary pressure
>>
>>.... that must be some fine weed you've got hold of there!
>
>Why dont you tell me why I'm wrong, rather than blaming weed?
in the context of money supply and easing of credit check out 'demand
pull'.
Higherb oil prices would tend to exacerbate 'cost push' and the 2
together would be bad, bad medicine.
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