Friday, 14 March 2008
Well for some it could just be a representation of PI :
"pi represents the number you get when you divide the distance around a circle (its circumference) by the distance across (the diameter). "
For Household it's more about ...inflation, "3 point something..."
- in January we had 3.8%
- in February we are at 3.7%
What next? 3.9%, 3.1% ?? it's all depending on the circle...or let's call it bubble...housing bubble in particular, when it implodes we will see the true value of inflation...
Do you wan to try being in wheel of the central bank and monitor interest rates against inflation, money growth , unemployment and production then why not trying this link : Central Bank Simulation(click on the Monetary policy game)