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Sledgehead

We need low interest rates cos .....

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Belmond Le Manoir aux Quat'Saisons have had to offer their rooms to Telegraph readers at only £378 pp per night - down from the already reasonable 'offer price' of £913 per night (a bargain price only available if you multi-buyed two nights).

Feel free to add your own example.

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We 'need' low interest rates because TPTB have decided to use pretty-much only monetary means to resolve the economy's problems, rather than fiscal (or a mixture of both with a splash of  laissez faire here and there).

But no matter -- we'll get the fiscal measures next.  They'll probably do this while raising interest rates slightly.

and there'll definitely be some laissez faire coming (when it suits them).

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1 hour ago, dgul said:

We 'need' low interest rates because TPTB have decided to use pretty-much only monetary means to resolve the economy's problems, rather than fiscal (or a mixture of both with a splash of  laissez faire here and there).

But no matter -- we'll get the fiscal measures next.  They'll probably do this while raising interest rates slightly.

and there'll definitely be some laissez faire coming (when it suits them).

Hmmm. Was hoping for some more examples of "discounting" rather than an earnest exposition. Nevertheless, I guess beggars can't be choosers ...

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15 hours ago, Sledgehead said:

Hmmm. Was hoping for some more examples of "discounting" rather than an earnest exposition. Nevertheless, I guess beggars can't be choosers ...

Broken down next to a car show-room yesterday, all the cars seemed to have £99 deposit, £99 per month deals on them.

If the sluice gates providing such cheap money were to shut suddenly, we'd probably have riots up and down the country.

Keeping people in their brand new Citroens is another reason why we 'need' low interest rates.

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I suppose we should also be thankful that Lord (LOL) Sugar couldn't find any better place to park £500K.

After all, the world would certainly be a poorer place without more recruitment consultants, yet would it be right to fund such an essential service if it meant a sweet-repackager being starved of funds?

Lord Sugar hires both

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  • 407 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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