Merry Christmas Politics Board Participants

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Originally Posted by Organ Morgan.

The interest rate is a side issue for me because I don't and have never collected interest (I'm against usury on principle). The primary reason is that you, I and everyone else's dough in any type of bank account belongs to them; we become unsecured creditors. Sure, they'll hand it back on demand. That's until they cannot or will not. It's why bail-in laws are on the books here, throughout the EU, the USA and quite recently Australia joined them. The idea is should banks blow-up again 2008-style it won't be governments that will bail them out but their depositors and shareholders who will become bag carriers.

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You brought interest into the conversation.

You need to weigh up the chance of that happening against the absolute certainty that your cash at home is definitely dropping in value and will always drop in value.

Thanks for the financial advice. Although I will think twice about following someone who has never collected interest. You've done well to be able to afford to buy a device that accesses the internet with your strategy.

Quote:

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Originally Posted by Organ Morgan.

Out of idle curiosity, what savings account or fixed term bond is it that you can't resist risking getting a return on?

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This question doesn't make sense to me. Apologies.

Here's the best rates currently available for what I was on about: https://www.money.co.uk/savings-acco...SAAEgI0ufD_BwE

I'm sorry that my query in simple English proved so confusing.

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Originally Posted by Nelsonca61

It's about time all this Xmas nicey nice posting abated and the posters get back to normal. Let the slagging off commence.

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I got this for Xmas, and it's a good read if you don't mind listening to lefty liberal types, but he nails the fake news media who disinform many of the confused posters on here. You may even know the author if you read Rolling Stone magazine.

https://images-na.ssl-images-amazon....4,203,200_.jpg

Quote:

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Originally Posted by Organ Morgan.

Here's the best rates currently available for what I was on about: https://www.money.co.uk/savings-acco...SAAEgI0ufD_BwE

I'm sorry that my query in simple English proved so confusing.

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Oh, you asked which are the best accounts. The muddle of gerunds made it difficult to understand. I'm afraid I'm no expert, but that website is probably a good place to start if you're dipping your toe.

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Originally Posted by Wales-Bales

I got this for Xmas, and it's a good read if you don't mind listening to lefty liberal types, but he nails the fake news media who disinform many of the confused posters on here. You may even know the author if you read Rolling Stone magazine.

https://images-na.ssl-images-amazon....4,203,200_.jpg

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Good listen as well
https://youtu.be/S5TPAv3C1e0

https://youtu.be/k4CohXkdR0w