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Debate House Prices
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A Quick Thought on Low Interest Rates
Comments
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Not really
Remember up until 1914 UK inflation was roughly 0.
Bit naughty with your response, as a percentage of GDP, your chart makes sense.
But as my link shows, UK national debt has always gone up, never down..._
http://www.ukpublicspending.co.uk/uk_debt0 -
... Really?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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as my link shows, UK national debt has always gone up, never down...
[PedantMode]
There are a number of short but noticeable timeframes where the debt in nominal terms reduced as a result of budget surpluses.
[/PedantMode]“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
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