Originally posted by BrilloPad
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Reply to: interest rates down 50bps
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Previously on "interest rates down 50bps"
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Originally posted by scooterscot View PostWhat are we making these days to export?
Complicated financial products & big brother...
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Originally posted by DimPrawn View PostWho is going to hold Sterling with interest rates at 0%?
Who is going to buy all this government debt with interest rates at 0%?
This is going to kill the UK.
The theory is that with interest rates low, the economy will pick up thus encouraging external investment in Britain and strengthening the pound. Keeping interest rates high but killing the economy would also kill the pound.
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Originally posted by Rookie View PostCan't we export some of the local chavs to Iraq or somewhere?
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One of the things I find interesting of late is watching the currency markets when interest rates are changed. Typically, a 33% cut in interest rates would trigger a pretty dramatic fall in the value of the currency.
http://newsvote.bbc.co.uk/1/shared/f...3/intraday.stm
Interesting. ('scuse the pun)
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Originally posted by BrilloPad View PostWont it help our exports?
Complicated financial products & big brother...
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Who is going to hold Sterling with interest rates at 0%?
Who is going to buy all this government debt with interest rates at 0%?
This is going to kill the UK.
Leave a comment:
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