Spotted by Lola in The Telegraph:
Inflation is officially back, and by the end of this year is expected to hit 2.3pc, above the Bank of England’s 2pc target. In a world of rising prices, investors need exposure to assets that can keep pace.
Investing in infrastructure projects – such as motorways, schools or hospitals – that are inflation-linked is one way to protect the value of capital. These projects also produce a reliable income, with the trust currently yielding 5.1pc...
Andrew Charlesworth, manager of the £1.2bn John Laing Infrastructure trust, says that investors should not worry about buying at a premium, and explains how he made 36pc on a London hospital and his role in President Donald Trump’s plans.
The only way to make such super-profits is if the government overpaid in the first place; one man's super-profits is the flip side of shit value for the long suffering taxpayer.
Game Over
3 hours ago
7 comments:
The only way to make such super-profits is if the government overpaid in the first place
In one.
I was too depressed to write this up so emailed it to MW....
"The only way to make such super-profits is if the government overpaid in the first place"
Isn't that the whole idea, to provide a way for public money to be put in private pockets without it looking too obviously like corruption? It's like David Cameron being hideously overpaid for his memoirs which no-one will ever want to read; it's just a way of paying him back for the favours he did people with public money when he was in office without the bribe being too flagrant.
"I was too depressed to write this up so emailed it to MW...."
I don't blame you. I find a healthy dose of cynicism helps in such matters.
Lola is depressed! What about we sensible remainers who have seen a revolutionary policy espoused by a party with no MPS put into practice by elected politicians who vehemently denounced it?
DBCR. Well, there were more sensible outers than inners. Remain lost. That's how it works. Parliament has been told.
DBCR, if I was a Remainer, I'd be depressed, too, but I'd also be livid with David Cameron. If one man was responsible for the entire debacle, it was he. Now he's off swanning round the world, being paid £120,000 an hour by the people he helped while in office to bore roomfuls of unlucky victims.
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