Inflation had to rise to curtail spending money the country doesn’t have.Originally Posted by the other bob wilson
Don’t you think the billions wasted on useless Pandemic policies would not have an effect on inflation, all of this is predicted.
| + Visit Cardiff FC for Latest News, Transfer Gossip, Fixtures and Match Results |
Inflation had to rise to curtail spending money the country doesn’t have.
Don’t you think the billions wasted on useless Pandemic policies would not have an effect on inflation, all of this is predicted.
It also destroys savings which is a requirement for dependency, and expect to see mortgage defaults in large numbers which will lead to further dependency.
[QUOTE=Wales-Bales;5333238]It also destroys savings which is a requirement for dependency, and expect to see mortgage defaults in large numbers which will lead to further dependency
The outstanding value of all residential mortgage loans was £1,630.5 billion at the end of 2022
Lloyds bank are already snapping them up and renting them back to the previous owners. It looks like their new side-line as they prepare for the introduction of a CBDC.
Posting Permissions
Reply With Quote