Economy powering ahead

[IC1967]

So I understand and share Glyn's bemusement.

I thought you might. The economy is powering ahead. This is a fact backed up by evidence.

Deflation is on its way. Just look at the Eurozone. Just look at our falling inflation despite the BoE's best efforts to inflate the debt away. Just look at our and Europe's aging populations.

Now to the conundrum that you don't seem to be able to get your head around. It is perfectly possible for the economy to power ahead for say maybe 2 years and then for deflation to become a reality. Therefore both statements are true. Duh.

[BillyStubbsTears]

I thought you would Mick.

[BillyStubbsTears]

Ah! Got it!

That thing about deflation is one of your predictions Mick. One of the things that you say will happen in the future. And you make this prediction because you have studied the issue and you know what you are talking about.

Have I got it right now?

[IC1967]

You are so thick at times. You try sarcasm and you only make yourself look even dafter than you did before.

[BillyStubbsTears]

I'm confused. Does that answer mean it IS one of your predictions or it ISN'T?

[IC1967]

Haha. You are so predictable. You've nothing to offer the debate so you vacillate like a twisty turny pedantic silly Billy. Everyone on this forum knows I'm brilliant at predicting the future. Just look what happened in the Grand National yesterday.

[BillyStubbsTears]

No Mick. I'm not being pedantic. I'm just trying to decide whether to make my future financial decisions on your predictions.

Aye, you got lucky on the nags. Well done. I congratulate you on your single-handed effort to re-build our economy.

But, see, on bigger issues, your prediction record...Well it's shite isn't it?

1) Two years ago you were predicting hyper inflation. Then you found some astonishing information (actually, an article by Harry Dent that you copied and pasted verbatim) which changed your opinion 180 degrees on that one.
2)18 months ago, you were telling us that Saunders would get us relegated because our possession efficiency was poor. When that one made you look a tit, you vanished for 3 months before coming back with a new identity.

3) 6 months ago you were firmly predicting that Labour would hit 26% in the polls by May. When prompted to discuss this claim, you go into your cowardly tortoise mode. (PS. Labour are on 39% in this morning's poll.)

So, see me? I reckon I'll ignore your witterings on deflation.

[BigColSutherland]

It might be an idea to ignore him on everything. There are no winners in these "debates".

[BillyStubbsTears]

I'm bored. It passes the time of day.

[IC1967]

It might be an idea to ignore him on everything. There are no winners in these "debates".

I'll have you know I've battered him in every single debate I've ever had with him. You'd think he would learn his lesson wouldn't you.

[IC1967]

Aye, you got lucky on the nags.

Lucky! A 25/1 winner! That was pure skill. You obviously didn't take the advice.

[IC1967]

Two years ago you were predicting hyper inflation. Then you found some astonishing information (actually, an article by Harry Dent that you copied and pasted verbatim) which changed your opinion 180 degrees on that one.

I haven't been posting for 2 years! Anyway whoever did do that that post I admire them for changing their mind once they came across evidence that they were unaware of before. You would do well to take a leaf out of their book. No matter how many times I prove you wrong you never change your mind.

[IC1967]

18 months ago, you were telling us that Saunders would get us relegated because our possession efficiency was poor.

I think you're confusing me with someone else. Anyway I think what happened was that Saunders read that post and realised the error of his ways. I think you'll find that our possession efficiency improved after that post and the rest is history as they say. Good on Saunders for changing his mind (unlike some others around here I could mention).

[IC1967]

6 months ago you were firmly predicting that Labour would hit 26% in the polls by May.

It's still only April! I'd wait until May before I started crowing if I were you. Question. Did I say May 2014 or May 2015? Or did I indeed give you a year?

[IC1967]

I'm boring. It passes the time of day.

At last, something we can agree on.

[BillyStubbsTears]

Dum de dum

http://www.drfc-vsc.co.uk/index.php?topic=242903.msg397551#msg397551

I'd have had a job on taking your advice on the National. I was at 40,000 feet on the way back from nailing a £200k contract in Poland.

And on the subject of your prediction on the National, it would have been a lot more impressive if you hadn't edited your post within 5 minutes of the end of the race.

[IC1967]

Like I said it's still only April!

[IC1967]

I was at 40,000 feet on the way back from nailing a £200k contract in Poland.

Good for you. At least we share an entrepreneurial streak despite our political differences.

[Glyn_Wigley]

Thing is, Mick's problem is that he believes that inflation is a purely about prices rising or falling. Just like anyone else who doesn't understand economics. Prices rising and falling are an effect of it and how it's generally measured, but it isn't what inflation is at all.

[Glyn_Wigley]

It is perfectly possible for the economy to power ahead for say maybe 2 years and then for deflation to become a reality. Therefore both statements are true. Duh.

I remember you promising us that deflation was inevitable, unstoppable and will arrive by July 2014.

[IC1967]

Another one jumping the gun. May I remind you it's still only April!

[Filo]

I am he as you are he as you are me and we are all together.
See how they run like pigs from a gun, see how they fly.
I'm crying.

Sitting on a cornflake, waiting for the van to come.
Corporation tee-shirt, stupid bloody tuesday.

[BillyStubbsTears]

So we expect grovelling apologies in May and July then.

Or, more likely, edits to previous posts 5 minutes after May and July have finished, eh Mick?

[IC1967]

I am not afraid of apologising if it is warranted. Getting a prediction wrong is hardly grounds for an apology (if indeed I am proved to be wrong). You seem to have a very low threshold for demanding a grovelling apology. If you're not careful nobody on the forum will dare to make any future predictions for fear of having you on their back demanding a grovelling apology if they don't get it right.

I on the other hand hold no such fears. I will continue to make accurate predictions. I am not for being bullied.

[BillyStubbsTears]

So you won't edit your post 5 minutes after the fact then?

[Glyn_Wigley]

I am not afraid of apologising if it is warranted. Getting a prediction wrong is hardly grounds for an apology (if indeed I am proved to be wrong).

It wasn't a prediction, it was a guarantee.

[IC1967]

If you can prove that I guaranteed deflation by July 2014 and it doesn't happen I will quite happily admit I was wrong. Like Billy I think your threshold for demanding a grovelling apology is very low.
Will that do you?

[BillyStubbsTears]

Been editing posts again Mick? It wouldn't be the first time, would it?

[IC1967]

I'm not saying Mr Wigley is making it up I'm just asking for proof. If you type 'guarantee deflation' into the search box this is what you get:

If you can prove that I guaranteed deflation by July 2014 and it doesn't happen I will quite happily admit I was wrong. Like Billy I think your threshold for demanding a grovelling apology is very low.
Will that do you?

[BillyStubbsTears]

Mick

I can think of several things that you have posted, that wouldn't come up if you put them into the search facility.

But you still posted them. And then you edited/deleted them after you'd made yourself look like a dick.

And you think that no-one has a record of what you originally posted.