I actually think rates need to be raised to kick start the economy!!!
That is how askew the current policies are and the source of our current pain.
If rates rose prices would come down and more activity would occur.
Poor performers would be driven out and high performance rewarded so successful people an be empowered to be rewarded again and as income grows tax revenue increases as well.
Government has fiscal issues right now because interest rates are far too low apart from the costs of immigration!!!
If interest rates rose it would help the young get active and employed as prices drop stimulating the economy while retiree income increases through interest income feeling more spending!!!
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Interest rate cut tomorrow will be a long term disaster!!!, page-4
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