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Once inflation rises interest rates will rise rapidly as well

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Comments

  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Exocet wrote: »
    Nice to see the 'gang' on here tonight. Yes, they've spent billions that we didn't have to paper over the cracks - how long to gauge the success do you think? 10 years? 20? 50?

    15 years, 4 months, 3 days, at 4.15 am.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Is the stock market a savings product?

    Yes...or...No?

    Simple really isn't it. Though I'm sure there could be some argument created from it.

    By your same argument saving is not an investment so why do you think saving rates should be inflation busting?
  • Exocet
    Exocet Posts: 744 Forumite
    Malcolm. wrote: »
    15 years, 4 months, 3 days, at 4.15 am.
    So about fifteen years then. Might be a tad optimistic.
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Graham_Devon wrote: »
    Yer, and next, the stock market will be capital equipment!

    Once questioned, thats it, you lot will spout any old guff!

    Be careful, brodders was banned for posting a picture of capital equipment.
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Exocet wrote: »
    So about fifteen years then. Might be a tad optimistic.

    Might be, might not be.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »

    Why are people so desprate to have high inflation and a high base rate? (other than to try to get people to default?)

    Don't think anyone is. Does believeing it might hapen make you so desperate for it? Does discussing such a scenario mean you want it?

    Does only refuting it could happen mean you haven't got an alterior motive?
  • julieq
    julieq Posts: 2,603 Forumite
    Did Graham ever figure out where the money needed to pay above inflation returns for risk free easy access savings products comes from? I did ask him a few times, but I never saw an answer.

    A savings product, Graham, is like shrink wrapped meat at a supermarket. It's attractively packaged, nicely sanitised, and avoids you having to think too much about where it actually comes from. And it's bad for you.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Be careful, brodders was banned for posting a picture of capital equipment.

    Weren't around then though were you? ;)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    julieq wrote: »
    Did Graham ever figure out where the money needed to pay above inflation returns for risk free easy access savings products comes from? I did ask him a few times, but I never saw an answer.

    A savings product, Graham, is like shrink wrapped meat at a supermarket. It's attractively packaged, nicely sanitised, and avoids you having to think too much about where it actually comes from. And it's bad for you.

    Jesus, where you come from.

    It's like a bull tea party. Hi Julie.

    Savings is shrink wrapped meat now? Any advances?
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Graham_Devon wrote: »
    Weren't around then though were you? ;)

    I have been here since the start. :)

    I rotate IDs for privacy reasons.
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