Moaning About Bad Returns On Your Savings? Stop Complaining – It's Your Fault That Interest Rates Are So Low

[Democorruptcy]

True,an amount has gone into western housing (in the UK mostly just the south),but its nothing compared to how much has gone into the $ and US assets.Japan is a good example as mentioned,but the US trounces it.The key for me is if people start to invest into assets at multi decade bottoms and pull out of the $.If the $ index falls back instead of rising to 100 again inflation expectations will shoot up.

I wouldnt go all in on inflation,and balance is needed,but i admit iv been picking up commods,commod miners,gold miners,silver miners,and energy/commod driven markets like Columbia/Norway/shipping ETFs since March.The article seems to be towing the line 99% of people think,its deflation forever because its different this time.Its that group think that makes everyone jump aboard property and consumer staple 3% yield shares.

People in cash who want a house,or who dont like investing should stick it out,and ignore the premise of the article.Its designed to say,if you havent jumpred into housing and dividend paying consumer staple stocks do it because interest rates are never going up.

You could have said all that going into 2011 when inflation went to over 5%, interest rates stayed at 0.5%.

[The Knimbies who say No]

iirc Chu was brought up at the Telegraph, which might explain his outlook.

[TheCountOfNowhere]

You could have said all that going into 2011 when inflation went to over 5%, interest rates stayed at 0.5%.

Spot on.

The bankers WILL not raise rates.

The banlers sole job right now is to keep up asset prices so the banks can pretend they are solvent.

The upshot of all this is...there is no way rhe banks can be close to being solvent.

Which is slightly worrying.