This evil man who caused my now forcibly estranged partner so much suffering when he managed to get her into the (so called) care of the NHS while we were staying in Blackburn says there is no alternative to further rises in interest rates to curb the inflation that his government has caused!
Raising interest rates to curb inflation caused by reckless and unaffordable borrowing and warmongering will NOT work. All he is doing is causing more government and consumer debt by raising interest rates and eventually it WILL cause a recession. Interest rate rises are only good for calming inflation caused by a booming economy.
So what's the cure? There ain't one! Prevention is better than cure, a competent government would not have caused this crisis but we are where we are. Until we get rid of this shambles of a so called government, sort out the blackmailed Monarchy mess and get a legitimate and competent government, the process can't even begin. things can only get worse! Even with a competent government (like after WW2) there is going to be a long period of recession, high taxes and belt tightening. Merely waving the interest rates magic wand will NOT work. The money that these criminals have recklessly borrowed to pay for man made viruses and blackmailer induced wars WILL have to be paid back and as Thatcher once said "Pennies don't fall from heaven, they have to be earned here on Earth"
Raising interest rates to curb inflation caused by reckless and unaffordable borrowing and warmongering will NOT work. All he is doing is causing more government and consumer debt by raising interest rates and eventually it WILL cause a recession. Interest rate rises are only good for calming inflation caused by a booming economy.
So what's the cure? There ain't one! Prevention is better than cure, a competent government would not have caused this crisis but we are where we are. Until we get rid of this shambles of a so called government, sort out the blackmailed Monarchy mess and get a legitimate and competent government, the process can't even begin. things can only get worse! Even with a competent government (like after WW2) there is going to be a long period of recession, high taxes and belt tightening. Merely waving the interest rates magic wand will NOT work. The money that these criminals have recklessly borrowed to pay for man made viruses and blackmailer induced wars WILL have to be paid back and as Thatcher once said "Pennies don't fall from heaven, they have to be earned here on Earth"
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