The Widmann Blog: March: 2009

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Theory test

I passed my theory test today!It consisted of two parts: The actual theory questions and a hazard perception test.The first half was quite easy, given that you can buy a CD with all the questions and answers so that it's "just" a question of memorising all 882 of them. (I got 50 out of 50 in this part, which is...

Loyalty abroad

Some people seem to think that non-Labour MEPs shouldn't criticise Gordon Brown in the European Parliament.For instance The Economist's Bagehot states this:But on the other hand—and while I hate to be or seem a killjoy—I wonder whether Mr Hannan was really right to behave as he did. Whether he and we like it or not, Mr Brown is Britain's prime...

More about inflation



Zimbabwe inflation rate hits 231,000,000%
Originally uploaded by Gregor Rohrig

Readers of this blog might be aware that I think inflation is about to go up.

It seems I’m not alone any more.

Guido Fawkes today had a shocking posting revealing that the Bank of England’s own pension fund is betting on inflation going up. Please do read this! It also shows they saw the crash coming as early as 2006.

Do also read the article mentioned there by Liam Halligan, suggesting various reasons why many people want us to believe deflation rather than inflation is the problem just now, and more reasons to believe inflation is coming.

Speed limits

In all other countries I know, motorways are the fastest type of road.The speed limit is typically 130 km/h, but it can be as low as 100 km/h in some countries, but in those countries all other roads are then often limited to 80 km/h.I think the Dutch situation on the photo is typical for mainland Europe: 50 in built-up areas, 80 on normal roads, 100 on dual carriage-ways, and 120 on motorways.However, the UK is really odd (official speed...

RPI inflation about to rise?

I predicted months ago that prices would go up, and Phyllis has now also pointed out that it's no big surprise prices aren't falling.However, economists are still predicting that prices are about to fall.I don't understand this. CPI is way above target mainly because import prices are rising because of the fall in the value of the pound.So far, RPI...
Libel
There have been some really important articles recently about the escalating cost of libel cases in England, and the dire consequences it is having for free speech.Please read this (hat tip: The Bright Stuff) and this!As the latter article notes,...
Open-arse
As I wrote recently, we've now planted a medlar tree.The medlar ("mispel" in Danish) – which is edible only after it starts to rot – is not widely known these days, but it used to be popular.In those days, it...

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