The government and banks are broke and desperate, if they raised rates now the bubble would burst and the banks (if left to natural repercussions) would burst with them. Not to worry, when they do hit the wall they have 'bail in' legislation setup in which they can steal money from your account to keep the honest and wonderful banksters afloat. And your deposit guarantee? Not worth the paper it is printed on apparantly.
And yes rates are a (illegal) tax, at least 2 PM's have said that in the past (not the 'illegal' part, that would give the game away.) I got shouted down pretty hard recently when I suggested taxes were too high, all up I guesstimate around 80%. I still think that's about right bit it seems more and more people enjoy their slavery and are willing to fight for it. Go figure?
