harry wrote
Rod Speed wrote
harry wrote
Rod Speed wrote
harry wrote
Mark wrote
Broadback wrote
Dave Plowman (News) wrote
bert ] wrote

Just to come vaguely back onto group topic, pensioners have to
hire
people to do more jobs for them which younger people can DIY

That may be the case at some point, but you don't automatically
become decrepit the second you get an OAP.

As an OAP I find it odd that as, on average, high savings accounts,
we are penalised by inflation eating the value away

Inflation affects everyone. Many working people have had little or
no pay rises (and some have had pay cuts) over the last few years.

while interest rates are kept low so that the provenders
can have it relatively easy. Who is subsidising whom?

The poor subsidise the rich. Borrowers always
pay higher interest rates than savers get.

Anyway low interest rates are essential in
preventing the financial crisis being much worse.

Low interest rates will destroy the economy.

Fantasy.

You're pretty thick Wodders aren't you?

We'll see...

http://en.wikipedia.org/wiki/Interest_rate

Doesn't say a thing about low interest rates destroying the economy.

Try again.

You are a f***k half wit Wodders.

Wota stunning line in rational argument you have there, fart.

Were you never educated?

Yep, leaves yours for dead, too.

https://www.google.co.uk/search?hl=e...+for+econo my

Just because some fool claims something, doesn't make it gospel.

Have fun listing even a single example of any modern first world
economy that's EVER been DESTROYED by low interest rates.