Quote:
Originally Posted by Ignitionnet
Yes, the inflation monster isn't helping either but interest rates had to stay down to try and keep house prices up so people could continue feeling wealthy and the younger generation continue transferring wealth to the older one.
We're probably in for more Quantitative Easing now, further propelling inflation higher and ensuring that the money we all do have doesn't go as far.  |
But, don't they know what they're doing? Aren't the people in power talented?
It so annoys me that that the cost keep getting pushed to younger generations; they didn't mess it up so why should they pay? It's like getting your children to make your mortgage payments