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You thought price increases are bad now?

You thought price increases are bad now?

Old Sep 12th 2007, 12:10 pm
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Default 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."
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Old Sep 12th 2007, 12:14 pm
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Default Re: You thought price increases are bad now?

Originally Posted by johnyzee View Post
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."
idiots
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Old Sep 12th 2007, 12:16 pm
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Default Re: You thought price increases are bad now?

Originally Posted by IndieGirl View Post
idiots
and they won't even revalue the currency:curse:
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Old Sep 12th 2007, 12:19 pm
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Default Re: You thought price increases are bad now?

Originally Posted by IndieGirl View Post
and they won't even revalue the currency:curse:
you can expect bread prices to go up! wheat prices and the freight to ship the wheat to here are both sky high at the moment!
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Old Sep 12th 2007, 12:26 pm
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Default Re: You thought price increases are bad now?

Originally Posted by Inselaffen View Post
you can expect bread prices to go up! wheat prices and the freight to ship the wheat to here are both sky high at the moment!
I wonder who will actually feel the pinch.
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Old Sep 12th 2007, 12:29 pm
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Default Re: You thought price increases are bad now?

Originally Posted by Inselaffen View Post
you can expect bread prices to go up! wheat prices and the freight to ship the wheat to here are both sky high at the moment!
wheat is bad for you anyway
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Old Sep 12th 2007, 12:31 pm
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Default Re: You thought price increases are bad now?

Originally Posted by jvr20 View Post
I wonder who will actually feel the pinch.
how much are they paying you???? The pound-dirham exch rate is already hurting!
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Old Sep 12th 2007, 12:33 pm
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Default Re: You thought price increases are bad now?

Originally Posted by shakh your bootie View Post
how much are they paying you???? The pound-dirham exch rate is already hurting!
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.
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Old Sep 12th 2007, 12:35 pm
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Default Re: You thought price increases are bad now?

Originally Posted by jvr20 View Post
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.
What's your address ???
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Old Sep 12th 2007, 12:36 pm
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Default Re: You thought price increases are bad now?

Originally Posted by Paidtoplease View Post
What's your address ???
you'd never come all the way to Sharjah to rob me!
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Old Sep 12th 2007, 12:53 pm
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Default Re: You thought price increases are bad now?

Originally Posted by jvr20 View Post
you'd never come all the way to Sharjah to rob me!

Says who???
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Old Sep 12th 2007, 12:53 pm
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Default Re: You thought price increases are bad now?

Originally Posted by Cham128 View Post
wheat is bad for you anyway
sssssshhhhhhhhhhhhhhhhhhhhhhhhhhhh!!!! don't tell people that :curse:
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Old Sep 12th 2007, 12:55 pm
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Default Re: You thought price increases are bad now?

Originally Posted by jvr20 View Post
you'd never come all the way to Sharjah to rob me!
it would have to be a lot of money to force me to enter into Sharjah
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Old Sep 13th 2007, 7:06 am
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Default Re: You thought price increases are bad now?

Originally Posted by IndieGirl View Post
idiots
http://www.gulfnews.com/nation/Polic.../10153349.html

what's going to happen to me?!!!

Mods - Please delete my posts in this thread!
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Old Sep 13th 2007, 7:30 am
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Default 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.
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