AndrewR wrote:
"For example: John Smith" wrote in message
...

There's a thing called inflation ... and that's definitely not a good
thing - 'cos higher inflation means higher interest rates means
economic recession means a hard time for most.

I think you're confusing cause and effect here - inflation doesn't
cause high interest rates,

Never suggested it does - you just read too much (causality) into my
statement.
It's the measure historically used by the BOE to counter it.


raising interest rates is the mechanism
that the Bank of England uses to try to suppress rising inflation. If
inflation is caused mainly by imported goods for which the demand
is reasonably inelastic then interest rates are a woefully inadequate
measure.
What's more likely to cause economic recession is when inflation
pushes up wage demands, which means that companies have to (a) push
up the price of their goods (which causes more inflation) and (b)
make economies (which means more people losing jobs).

A slow economy + inflation + unemployment = stagflation.

Col wrote:

"Steve Firth" wrote in message
.. .
Light of Aria wrote:

I'm in the oil business

And I'm the president of China.

I expect he means he owns share in BP or something!

Ah.

I am in the oil business, as several people know.

Steve Firth wrote:
Col wrote:

"Steve Firth" wrote in message
.. .
Light of Aria wrote:

I'm in the oil business
And I'm the president of China.
I expect he means he owns share in BP or something!

Ah.

I am in the oil business, as several people know.

Anyone would think it grows on trees.

On Mon, 23 Jun 2008 20:15:05 +0100, Conor wrote:

In article , Fred X says...

How do you know that they actually have the available capacity to make
a large increase in the production of oil?

They said so this week in a meeting.


You call 5% a large increase?

Fred X

Mike P wrote:
"Krustov" wrote in message
m...
As local corner shops cant sell things as cheap as the big supermarkets
can - then as fuel costs increase - then the less you will save by
driving to the supermarket and back unless your doing a big weekly
shopping or whatever .

So , If you just need a 6-12 items , Then it could actually be cheaper
walking to a local corner shop to get what you want even if the items in
the local corner shop have a higher price tag .

Would you agree or disagree with that ? .

And if you do agree with it - then that must mean that the price of
petrol going up every week can only be a good thing - doesnt it .


Ah, but my supermarket is nearer than the "local" shop.

Hmmm. Danes House? Or Somewhere off yorkshire st?

That ****s your theory doesn't it?

Mike P

Woe betied them though if, as in my area, we the residents groups were to
declare war on them, and then got our crack PCSO's involved.

LOL! "Crack PCSOs".

Round this way, when the rain came, the local "Crack PCSOs" asked a local
farmer to tow a couple of cars out of a flooded road, to which he kindly
obliged. Then, when asked the question "well, are you going to close the
road now then?", they mentioned that they didn't have the appropriate signs
(nor the means to get hold of them, it would appear) and told him that he
wasn't being very public-spirited by refusing to tow any more cars out of
the flooded road that they couldn't be arsed to close.

--
"For want of the price of tea and a slice, the old man died."

So , If you just need a 6-12 items , Then it could actually be cheaper
walking to a local corner shop to get what you want even if the items in
the local corner shop have a higher price tag .

Just walk a little further to Tesco, our local Spar has been ruined and
turned into a Coop!

"Martin" wrote in message
...
So , If you just need a 6-12 items , Then it could actually be cheaper
walking to a local corner shop to get what you want even if the items in
the local corner shop have a higher price tag .

Just walk a little further to Tesco, our local Spar has been ruined and
turned into a Coop!

Aye, the chickens are really coming home to roost now aren't they?
--
Col

Steal a spaceship and head for the sun,
Shoot the stars with a lemonade ray gun.

On Wed, 2 Jul 2008 10:28:30 +0100, "Col"
wrote:


"Martin" wrote in message
...
So , If you just need a 6-12 items , Then it could actually be cheaper
walking to a local corner shop to get what you want even if the items in
the local corner shop have a higher price tag .

Just walk a little further to Tesco, our local Spar has been ruined and
turned into a Coop!

Aye, the chickens are really coming home to roost now aren't they?

here we go again....

Alright, there's no need to crow about it.

Mike P wrote:
"Krustov" wrote in message
And yes - these petrol tokens could only be used at the supermarket
petrol station .

Like the ones Tesco give out :-) It's a ****er that they only accept them at
full stores though, not the tesco express stations. I used to get one every
week, but would have had to drive to Amersham from Wycombe to use it - not
worth the time or fuel to get there as it would only save me £3.00 on a full
tank

That's because Tesco Express stations are just Tesco shops at a
(rebadged) Esso forecourt, and therefore the fuel isn't actually
supplied by Tesco, but is Esso fuel, Esso pumps etc.

D