Interest rates gonna get very high

[HairyArsedBloke]

You think that 8% is high?

I can remember the afternoon that they were 15%.

Aye. That was a fun day.

[MarillionFan]

I can remember bank rates to be 210%.

Prices doubled every month and queues for bread were as big as ones I see in Post Office in this country

Course you do sweetheart.

But then again, you didn't have any savings, plus you didnt own a house so like always it only affected you when the price of potatoes doubled.

[SupremeSpod]

I can remember bank rates to be 210%.

Prices doubled every month and queues for bread were as big as ones I see in Post Office in this country

Move out of Birmingham, simples!

[AtW]

You think that 8% is high?

I can remember the afternoon that they were 15%.

I can remember bank rates to be 210%.

Prices doubled every month and queues for bread were as big as ones I see in Post Office in this country

[TimberWolf]

Looks like anyone who bought a house 5 or 10 years ago has had it paid for by the state. Well, renters, savers and the next generation.

[Gonzo]

Interest rates 'may reach 8% by 2012' adding

Interest rates 'may reach 8% by 2012' adding £900 to the average mortgage as economists warn of need to curb 'runaway inflation'

Read more: Interest rates 'may reach 8% by 2012' adding


good luck

Milan.

You think that 8% is high?

I can remember the afternoon that they were 15%.

[scooterscot]

Interest rates 'may reach 8% by 2012' adding

Interest rates 'may reach 8% by 2012' adding £900 to the average mortgage as economists warn of need to curb 'runaway inflation'

Read more: Interest rates 'may reach 8% by 2012' adding


good luck

Milan.

So I've read the article. 2012 will see a recovery and if the bank does not take action we'll all be millionaires. So the answer is put up interest rates.

This is a happy article. happy. Why? It's nothing to do with high interest rates but it's all to do with our marvellous accomplishment that in the next 24 months we've managed to pay off £900,000,000,000 of debt.

I for one are looking forward to this bombshell of a recovery.

[AtW]

Up by 0.25% by 2014 is probably closer to the mark.

Well, that's

100%

increase in interest rates by 2014!

[TimberWolf]

you mean you are in denial ?

hope you don't a large mortgage

the estimate in the DM is much more conservative than other estimates I've heard

Milan.

Up by 0.25% by 2014 is probably closer to the mark.

[milanbenes]

Already done and I didn't believe it the first time.

you mean you are in denial ?

hope you don't a large mortgage

the estimate in the DM is much more conservative than other estimates I've heard

Milan.

[TimberWolf]

Interest rates 'may reach 8% by 2012' adding

Interest rates 'may reach 8% by 2012' adding £900 to the average mortgage as economists warn of need to curb 'runaway inflation'

Read more: Interest rates 'may reach 8% by 2012' adding


good luck

Milan.

Already done and I didn't believe it the first time.

[milanbenes]

Interest rates 'may reach 8% by 2012' adding

Interest rates 'may reach 8% by 2012' adding £900 to the average mortgage as economists warn of need to curb 'runaway inflation'

Read more: Interest rates 'may reach 8% by 2012' adding


good luck

Milan.