ASX 0.74% $61.65 asx limited

interest rate rises have stopped me spending

  1. 1,273 Posts.
    My Mortgage repayments have gone up so much due to interest rate rises that I am definitely pulling in the purse strings. Problem is, doesn't seem to matter if I am spending or not, prices for essential living keep going up...ie Food, Petrol, Energy, Insurance Premiums etc etc etc....and of course this equates to higher inflation and therefore higher interest rates.....what the hell is going on? It seems to be a vicious circle.....

    I am very P*ssed off!
 
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