Thursday, January 20, 2022

UK Inflation rises again to the highest level for 30 years

UK Inflation rises again to the highest level for 30 years

UK inflation has hit 5.4% mainly due to supply chain issues and soaring food and fuel prices, prompting fears that the Bank of England could raise interest rates again next month.

Whilst central banks are saying inflation is transitory, others feel that inflation could run rampant in some economies – driven predominantly by supply chain issues rather than massive surges in market demand. Some could see their currencies being devalued by 10% or more while others accelerate into a deflationary spiral. Fiscal and economic uncertainty and a slowdown in business investment and housing markets could see countries like the US and UK set central bank base rates at 0.1% or lower in the first half of the year, with a maximum of 0.5% by year end.

Prices in the shops for basic everyday things have risen much faster than 5.4%. In some cases prices have risen by 50%, for basic items like bread, or package sizes have reduced by 10 to 20%.

The UK is expected to grow faster than any other G7 economy as it comes out of the pandemic with more freedom than its European counterparts.

Goldman Sachs reports that the UK economy will be larger than France and Germany by 2040, largely due to its younger demographics.

Stock markets have been jittery this month, while property continues to boom in the UK and Ireland where demand outstrips supply of family homes.

Agents in some parts of the country cannot get enough houses to cope with demand, but inventory is low and sellers are sticking to their sometimes unrealistic prices. Flats have not enjoyed the same growth.

Can you buy property with ‘No Money Down’?

Bitcoin languishes around $42,000, well off its high last year. Silver has been rising.

How to save money on mobile phone contracts…

NEW BOOK LAUNCH – BORROW AND GROW RICH – SPECIAL OFFER ENDS SOON!

I cover financial education and money mindset in my books, like Borrow and Grow Rich (available on Kindle now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss), which you can order on Amazon.

In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich.

Borrow and Grow Rich is available for Kindle order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss

DOWNLOAD CHAPTER ONE AND TWO FREE

https://charleskelly.clickfunnels.com/optin1639410805951

DISCOVER HOW THOUSANDS OF ORDINARY BRITS ARE QUIETLY GETTING RICH USING NONE OF THEIR OWN MONEY!

The online ‘No Money Down Discovery’ training will reveal the many ways you can create a job replacing income from property using none of your own money.

Skilled trainers will reveal proven, successful methods for you to cash in on right now, even if you have no previous experience and little to no finance. The knowledge you’ll be taught at this event will include creative and sustainable money-making systems, alongside rock-solid negotiation techniques to help you carve out the deals that will work best for you.

When you join us you will discover:

  • The No Money Down Matrix. A system of proven investment strategies guaranteed to secure property with none of your own cash.
  • A Step-by-step guide on how to structure a property deal that’s right for you and the vendor.
  • The 4 core investing principles you need to secure the perfect deal that creates a long-term cashflowing asset.
  • How to cash in on the next big property strategy and control an empire of properties “Rent-To-Own.”
  • For deals that do require cash, learn how you can use someone else’s money and quickly recycle it to give them all their money back, and you keep the property for free!
  • How to recycle the money you have used to invest and give it back to the partners who gave it to you, leaving you with another cash-producing property to add to your portfolio
  • What the Super-Rich do to make a fortune by controlling property without owning it, and how YOU can do the same. Donald Trump uses this very strategy!
  • Learn how to do successful Joint Ventures - and become a Money Magnet, attracting more investment partners and more joint venture finance than you can handle
  • Learn creative thinking, creative structures and master negotiation skills to make all deals the ultimate win-win

The experienced trainers have all 'been there, done that’ and you can relax in the certainty that you are getting the expert help you deserve! Register your place here. 

To register: https://bit.ly/3FLiyMm


No comments:

Post a Comment