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Any Wage Rise Above Or Close To Rpi?

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If you are lucky enough to have a job, lucky enough to get a pay rise, even close to RPI?

Then, the chances of interest rates rising comes closer, so if you have debt, then any pay rise will be off set in a negative sense to the rising cost of servicing debt?

This is why, it is heads you lose tails you lose, without capital appreciation. You are stuck in a depressing wage/interest rate spiral.

As you can bet your last dollar should wage inflation start taking off, then so will interest rate hikes.

P

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If you are lucky enough to have a job, lucky enough to get a pay rise, even close to RPI?

Then, the chances of interest rates rising comes closer, so if you have debt, then any pay rise will be off set in a negative sense to the rising cost of servicing debt?

This is why, it is heads you lose tails you lose, without capital appreciation. You are stuck in a depressing wage/interest rate spiral.

As you can bet your last dollar should wage inflation start taking off, then so will interest rate hikes.

P

If you're a banker it's a win-win situation.

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  • 146 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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