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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (25589)6/19/2007 2:25:22 PM
From: philv  Read Replies (1) | Respond to of 81674
 
Looks like they are buying into the low inflation b.s. Way up here in Canada, the inflation figure was just released, only 2.2%. It is so good in fact, that the Bank of Canada will probably raise interest rates come July, and maybe again in Sept. How does that square?

I don't know if anybody believes anything anymore. Food is up, all government services, municipal taxes, fuel, and other essentials are up and going higher. Price of homes has simply exploded. But bargains are to be had at Walmart's. That's all that seems to matter.

What a load of crock. But it serves its purposes to keep wage demands down I guess, and to steal money out of saver's pockets.

cbc.ca