From: abelard
Newsgroups: uk.politics.misc alt.politics.british uk.finance
Subject: Re: King sounds warning over economy. House prices overvalued and bankrupcies risk becoming large social problem.
Date: Wed, 10 May 2006 21:57:09 +0200
On Wed, 10 May 2006 20:41:09 +0100, "Andy Pandy"
typed:
>
>"abelard" wrote in message
>news:22g462lr5tli4hou3d3t9vrheddtpdio3b@4ax.com...
>> >Yeah - about 22% less valuable, not 67%.
>>
>> you are confusing rpi with inflation...
>
>So let's see your method of measuring inflation.
monetary expansion - gdp increase....
currently ~11% in the uk....
regards...
--
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