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Farm Business
Agricultural Matters
Lord King WTAF
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<blockquote data-quote="Two Tone" data-source="post: 8148952" data-attributes="member: 44728"><p>How the hell we have got away with low interest rates for so long without hyper inflation amazes me. But in reality, there has been inflation with regards to house prices.</p><p></p><p>I’ve lived through 3 recessions and we are definitely about to hit one again. Big time!</p><p>You cannot run an economy where Inflation rates based on an RPI are higher that the Interest rate!</p><p>We learned that in the 70’s / 80’s and history is about to repeat itself worse than ever!</p><p></p><p>Sh!t about to hit the fan big time, I reckon.</p></blockquote><p></p>
[QUOTE="Two Tone, post: 8148952, member: 44728"] How the hell we have got away with low interest rates for so long without hyper inflation amazes me. But in reality, there has been inflation with regards to house prices. I’ve lived through 3 recessions and we are definitely about to hit one again. Big time! You cannot run an economy where Inflation rates based on an RPI are higher that the Interest rate! We learned that in the 70’s / 80’s and history is about to repeat itself worse than ever! Sh!t about to hit the fan big time, I reckon. [/QUOTE]
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