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Lower rates only help the top 1-5% and the Government...

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Fishinnick

25,831 Posts.

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19/02/25

12:48

Post #: 77925588
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Originally posted by kingpins: ↑

Not good for a countries economy to have rates go down as that does not actually, physically do anything but just appeals to the people who are in a concerned state. ie it does not do anything but makes everyone feel happier
Of course for those who are over-geared it is wonderful. but maybe they should not be in that condition

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Lower rates only help the top 1-5% and the Government really.
They like inflation and debasement of our fiat money.
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