Every time the Government takes more money from the private sector, productive effort is reduced, jobs are lost and the remaining businesss pass on the added costs or go broke.
Not sure how this over government will end but it's going to be painful for lots of people.
Reducing interest rates stimulates the spenders and penalises the savers.
You can't spent your way to wealth. Too much debt got us into this.
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its not just interest rates, page-7
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