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Old 12.16.2008, 11:40 AM   #9
blunderbuss
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Join Date: May 2008
Location: UK
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Today the Bank of England is trying to get us excited by telling us that next year inflation could drop below 1% next year, as if that's a good thing. What they fail to mention is that it will happen as a result of the economy totally imploding, and will contribute to its further implosion.

When I studied economics at school I was told that low inflation and low unemployment are mutually exclusive conditions, yet our government is still trying to keep inflation unnaturally low, while unemployment spirals out of control.
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