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Old argument! New method of calculating Inflation inaccurate
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Scubidu
#1 Posted : Tuesday, October 12, 2010 6:20:02 PM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
Economists say new method of calculating inflation does not capture the true situation. Very interesting articles on Kenya's inflation situation.

Read more:

http://www.businessdaily...4/-/msn2ho/-/index.html

http://www.businessdaily.../-/w2bru3z/-/index.html

Food Prices Exploding

Read more:

http://www.thereformedbr...-food-prices-exploding/

Rick Santelli On The Fed's Upcoming "Nixonian" Price Controls

Read more:

http://www.zerohedge.com...ixonian-price-controls?




“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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Scubidu
#2 Posted : Monday, January 30, 2012 8:03:56 AM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
Scubidu wrote:
Economists say new method of calculating inflation does not capture the true situation. Very interesting articles on Kenya's inflation situation.

Read more:

http://www.businessdaily...4/-/msn2ho/-/index.html

http://www.businessdaily.../-/w2bru3z/-/index.html

Food Prices Exploding

Read more:

http://www.thereformedbr...-food-prices-exploding/

Rick Santelli On The Fed's Upcoming "Nixonian" Price Controls

Read more:

http://www.zerohedge.com...ixonian-price-controls?






Back to the old argument.

http://www.businessdaily...4/-/76vlw9z/-/index.html
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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hisah
#3 Posted : Monday, January 30, 2012 9:56:16 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Scubidu wrote:
[quote=Scubidu]Economists say new method of calculating inflation does not capture the true situation. Very interesting articles on Kenya's inflation situation.

Read more:

http://www.businessdaily...4/-/msn2ho/-/index.html

http://www.businessdaily.../-/w2bru3z/-/index.html

Food Prices Exploding

Read more:

http://www.thereformedbr...-food-prices-exploding/

Rick Santelli On The Fed's Upcoming "Nixonian" Price Controls

Read more:

http://www.zerohedge.com...ixonian-price-controls?






Back to the old argument.

http://www.businessdaily.../-/76vlw9z/-/index.html[/quote]
Yep. Keep on fudging the model until it breaks. Such are the ideal IMF remedies for ponzinomics. India is talking the same. I expect other EA nations to follow suit.
I had commented on this also on the investors lounge thread.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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hisah
#4 Posted : Monday, January 30, 2012 10:00:41 AM
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Joined: 8/4/2010
Posts: 8,977
stocksguru7 wrote:
Brimng Back the DONDE BILL as the only way to bring bak rates in control

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma
#5 Posted : Monday, January 30, 2012 10:14:47 AM
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Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Free economy,am sure Dr.emilio baks being an economist will not sign any of these bills.
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#6 Posted : Monday, January 30, 2012 10:20:50 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Scubidu wrote:
@stocksguru7. What the govt is doing now is working...bringing down T-bill rates and messing up markets for traders. I had a friend of mine being offered 1 million unsecured last week. They told him to buy something, anything. "Just buy a car, you'll pay interest of up to 600k for five year. That simple".

This was back in Sept 2010.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Scubidu
#7 Posted : Monday, January 30, 2012 11:33:57 AM
Rank: Veteran


Joined: 9/4/2009
Posts: 700
Location: Nairobi
hisah wrote:
Scubidu wrote:
@stocksguru7. What the govt is doing now is working...bringing down T-bill rates and messing up markets for traders. I had a friend of mine being offered 1 million unsecured last week. They told him to buy something, anything. "Just buy a car, you'll pay interest of up to 600k for five year. That simple".

This was back in Sept 2010.


Now SCBK is on TV telling us that some lucky 2,000 customers can get the deal of a lifetime at only 19.9%. Sign up while stocks last???? Laughing out loudly Laughing out loudly Laughing out loudly
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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hisah
#8 Posted : Monday, January 30, 2012 11:56:03 AM
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Joined: 8/4/2010
Posts: 8,977
Scubidu wrote:
hisah wrote:
Scubidu wrote:
@stocksguru7. What the govt is doing now is working...bringing down T-bill rates and messing up markets for traders. I had a friend of mine being offered 1 million unsecured last week. They told him to buy something, anything. "Just buy a car, you'll pay interest of up to 600k for five year. That simple".

This was back in Sept 2010.


Now SCBK is on TV telling us that some lucky 2,000 customers can get the deal of a lifetime at only 19.9%. Sign up while stocks last???? Laughing out loudly Laughing out loudly Laughing out loudly

SCBK on TV just to get 2000 clients on a shitty deal. That's really desperate!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Gordon Gekko
#9 Posted : Monday, January 30, 2012 2:25:37 PM
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Joined: 5/27/2008
Posts: 3,760
hisah wrote:
SCBK on TV just to get 2000 clients on a shitty deal. That's really desperate!


SCBK should instead have offered to take over loans from other banks for borrowers currently paying >20%.
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Scubidu
#10 Posted : Monday, January 30, 2012 3:08:01 PM
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Joined: 9/4/2009
Posts: 700
Location: Nairobi
I don't remember this post. I must be getting old.
“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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mukiha
#11 Posted : Monday, January 30, 2012 4:02:36 PM
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Joined: 6/27/2008
Posts: 4,114
Is the IMF a credible authority? I doubt.

Is BD a credible source? I doubt.

So; you have a doubtful source reporting a doubtful authority... OK

What's the price of Eveready, again?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Scubidu
#12 Posted : Tuesday, January 31, 2012 7:54:22 AM
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Joined: 9/4/2009
Posts: 700
Location: Nairobi
Gordon Gekko wrote:
hisah wrote:
SCBK on TV just to get 2000 clients on a shitty deal. That's really desperate!


SCBK should instead have offered to take over loans from other banks for borrowers currently paying >20%.


SCBK believes in the George Carlin philosophy that "you stuff is shyt and my shyt is stuff".

“We are the middle children of history man, no purpose or place. We have no great war, no great depression. Our great war is a spiritual war, our great depression is our lives!" – Tyler Durden
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