Steel price

farmerm

Member
Location
Shropshire
Because lots and lots of money has been pumped into the economy, whilst production has dropped, inflation is inevitable, how else is the enormous debt ever going to be managable otherwise?
but then comes the tricky bit.... at some point governments have to put the brakes on inflation, which means interest rate rises, which starts making the debt problem grow again....
 

Macsky

Member
Livestock Farmer
Location
Highland
but then comes the tricky bit.... at some point governments have to put the brakes on inflation, which means interest rate rises, which starts making the debt problem grow again....
yup, that’s why I’m making overpayments on my mortgage, saving far more in interest than any savings account pays these days, and hopefully come the day of rising interest rates the outstanding balance will be a good bit less, reckon we’ve got 5-10 years before that
 

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The London Palladium event “BPR Seminar”

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This is our next step following the London rally 🚜

BPR is not just a farming issue, it affects ALL business, it removes incentive to invest for growth

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