SearchDemocracy LinksMember's Off-site Blogs |
Comment/elaboration on RE Economy and interest rates (Dr Russell Darroch)Excellent points Stephen! However, you should also point out to older voters (in particular) that in general self funded retirees did FAR better with higher interest rates; just ask anyone who has been trying to live off of their interest income the last few years with 'lower' interest rates. [I've quoted the 'lower' as, has been pointed out elsewhere, our rates are NOT low currently compared to the US, Canada, and a number of other Western democracies.] The simplistic high/low interest rate arguments are just that; simplistic.
|
User login |
Recent comments
5 hours 13 min ago
5 hours 19 min ago
6 hours 50 min ago
9 hours 6 min ago
10 hours 6 min ago
12 hours 44 min ago
1 day 11 hours ago
1 day 12 hours ago
1 day 12 hours ago
1 day 14 hours ago