Interest rates increased

[Dirk Diggler]

BBC News - UK interest rates rise to the highest since 2009

https://www.bbc.co.uk/news/business-613198677

Could one of the forum's bucked teeth university educated know-it-alls explain why making things more expensive is the answer to the problems created by things being too expensive?

TIA

 

[Dirk Diggler]

@throwaway4372
You must be new here, son. I'm looking for an explanation, not a sub heading.

Cheers.

 

[Dirk Diggler]

I have added more to that.
There is push and pull inflation these are the types of ways which influence inflation.

I am all for rates being higher, I hope they get to 7 % base rate.

I hope your username checks out.

 

[Dirk Diggler]

Guess I should get rid of that 1k phone I don't have, subscriptions I don't have, the car on finance I don't own to afford the house I can't afford, pay for the energy bills I cant afford among other things.

Boomers always gonna boom.
Cretins.

Have you considered blaming everyone else for your life challenges? I hear it's very fashionable these days.