On the same principle high interest rates are good for borrowers, and low interest rates are good for savers.
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BBC logic - High tax is good for us as it softens price rises
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Speaking of thick, how did you come to that conclusion, cretin features?Originally posted by DimPrawn View PostRub the magic lamp and another thick Socialist twerp appears.
Hard Brexit now!
#prayfornodealComment
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Who is high inflation good for?Originally posted by NotAllThere View PostOn the same principle high interest rates are good for borrowers, and low interest rates are good for savers.Comment
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Borrowers. As I'm not one I'm glad the Bank has decided to go the low inflation, high interest rate route.Originally posted by TimberWolf View PostWho is high inflation good for?
Hard Brexit now!
#prayfornodealComment
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It has been argued in the past (I can’t be bothered to look up a citation) that increased fuel costs can alleviate the need to increase interest rates as it has the same effect (i.e. cooling demand) in the fight against inflation. Depends on how you measure inflation, of course; it’s one of those core/non-core inflation things.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Stabbins too good for emInsanity: repeating the same actions, but expecting different results.
threadeds website, and here's my blog.
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The best bit about banging my head against the wall is that warm fuzzy feeling when I stop.
Was this in the "Pisstake" section of the Beeb site?My all-time favourite Dilbert cartoon, this is: BTW, a Dumpster is a brand of skip, I think.Comment
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