Inflation rising is when they'd usually look at increasing interest rate to support sterling?
I don't suppose there's anything in any of the election manifestos about returning interest rates to normal (they've been at 'emergency' level since 2008 ) to reward savers, and slow down the reliance on cheap debt fed consumer spending propping up the economy? Thought not.
Then again when they expect to keep increasing the national debt to pay for election promises we should accept that debt is the new way of saving. The end game for the UK, USA and other countries addicted to debt is to default, once the west has offloaded it all to China and Asia. What they gonna do, start a war?
I don't suppose there's anything in any of the election manifestos about returning interest rates to normal (they've been at 'emergency' level since 2008 ) to reward savers, and slow down the reliance on cheap debt fed consumer spending propping up the economy? Thought not.
Then again when they expect to keep increasing the national debt to pay for election promises we should accept that debt is the new way of saving. The end game for the UK, USA and other countries addicted to debt is to default, once the west has offloaded it all to China and Asia. What they gonna do, start a war?
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