Topic: | Re:Re:Re:Time to raise interest rates? | |
Posted by: | Peter Millman | |
Date/Time: | 24/03/09 12:58:00 |
Economists. What are they like? Worse than art critics. I thought reducing interest rates; allowing the sterling exchange rate to slide; boosting the money supply; and recapitalising the banks were all aimed at encouraging consumer borrowing and spending on UK goods and services. Tough shit for savers though. |