You thought price increases are bad now?
Sep 12th 2007, 12:10 pm
#1
Just Joined
Thread Starter
Joined: Feb 2005
Posts: 19
You thought price increases are bad now?
Get ready for hyper-inflation. They are going to lower interest rates:
http://www.gulfnews.com/business/money/10152886.html
Choice quote from UAE central bank governor:
Asked what measures the central bank planned to take to tackle rising inflation, Suweidi said: "We need not take anything (sic) at this point."
http://www.gulfnews.com/business/money/10152886.html
Choice quote from UAE central bank governor:
Asked what measures the central bank planned to take to tackle rising inflation, Suweidi said: "We need not take anything (sic) at this point."
Sep 12th 2007, 12:14 pm
#2
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: You thought price increases are bad now?
Get ready for hyper-inflation. They are going to lower interest rates:
http://www.gulfnews.com/business/money/10152886.html
Choice quote from UAE central bank governor:
Asked what measures the central bank planned to take to tackle rising inflation, Suweidi said: "We need not take anything (sic) at this point."
http://www.gulfnews.com/business/money/10152886.html
Choice quote from UAE central bank governor:
Asked what measures the central bank planned to take to tackle rising inflation, Suweidi said: "We need not take anything (sic) at this point."
idiots
Sep 12th 2007, 12:31 pm
#7
Lost in BE Cyberspace
Joined: Jan 2007
Location: By the old canal...
Posts: 7,715
Sep 12th 2007, 12:33 pm
#8
BE Forum Addict
Joined: Mar 2007
Location: stuck at red
Posts: 1,525
Re: You thought price increases are bad now?
you're right about the GBP though, that's why i haven't sold any dirhams since being here, just saving everything under my mattress.
Sep 12th 2007, 12:35 pm
#9
BE Forum Addict
Joined: Jul 2007
Location: dubai
Posts: 2,674
Re: You thought price increases are bad now?
i didn't mean me! I mean those who don't automatically convert everything to their home currency and marvel at how 'cheap' everything is over here!
you're right about the GBP though, that's why i haven't sold any dirhams since being here, just saving everything under my mattress.
you're right about the GBP though, that's why i haven't sold any dirhams since being here, just saving everything under my mattress.
Sep 13th 2007, 7:06 am
#14
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: You thought price increases are bad now?
http://www.gulfnews.com/nation/Polic.../10153349.html
what's going to happen to me?!!!
Mods - Please delete my posts in this thread!
what's going to happen to me?!!!Mods - Please delete my posts in this thread!
Sep 13th 2007, 7:30 am
#15
BE Forum Addict
Joined: Mar 2007
Location: stuck at red
Posts: 1,525
Re: You thought price increases are bad now?
oh IG, don't worry - i'll come and visit you with a packet of dal-bhat and Priya's finest lime pickle.