Higher Interest Rates Killing Property And Economy – Rates Rise To Highest Level For 14 Years
Higher Interest Rates Killing Property and Economy – Rates Rise To Highest Level For 14 Years
Interest rates rise again to highest level in 14 years pushing the economy and property market deeper into recession…
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The three main Central banks raised interest this week, with the Bank of England hiking rates by .5% to 3.5%.Hey, do you think they might be colluding? 😊
Watch video version: https://youtu.be/WCmTLiUlra0
UK interest rates are now at the highest level for 14 years and it is the ninth time in a row that the Bank of England has put up base lending rates, despite a small fall in inflation to 10.7% in November.
The bank has set a ludicrous 2% target inflation rate but is using a sledgehammer to crack a nut.
The Federal reserve, ECB and Bank of England are hellbent on driving the world into recession in order to keep down inflation, which they caused with their money printing policies.
The Fed and Bank of England were both asleep at the wheel in 2008 which caused the financial crash.
Taxpayers in the UK were forced to bail out their friends in the banks.
Then they printed money with a stimulus on a scale never seen before in history, which, surprise surprise, has caused the highest level of inflation since the 1980s.
Now they are aggressively raising interest rates and driving economy into recession.
The Bank of England “predicted” that we were going to the worst recession on history, and then proceeded to make it happen. A self-fulfilling prophecy!
Stock markets fell this week, crypto is in turmoil and property asking prices and dropping.
We can’t do much about these faceless suits, but we can manage and grow our own economy.
Like the Kenny Rogers song says:
You’ve Gotta know when to hold ‘em,
Know when to fold em,
Know when to walk away,
And know when to run!
In other words, you need to understand how money and the markets work so you can make educated moves.
Watch Video – https://youtu.be/WCmTLiUlra0
- Transfer Property To A Limited Company WITHOUT Paying Capital Gains Tax or Stamp Duty Tax – https://youtu.be/mtGq7WaVx
- Making Tax Digital – MTD Means More Red Taper Ahead For Weary Landlords – https://youtu.be/mYhJSCbOGLE
- 10 Tips To Avoid Christmas Debt – https://youtu.be/n7vSK5LlONU
The rich and successful have coaches and mentors, and never stop learning.
For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.
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