Showing posts with label hitler. Show all posts
Showing posts with label hitler. Show all posts
Tuesday, 10 May 2016
Trump bans Muslims?
Surely this is pathetic? Banning on grounds of belief? Belief is not terrorism, yes you might not share their beliefs but it is not a race issue. So are all British Muslims banned, what about Muslims already in USA? Remember what Hitler and the Nazis did to Jews?
Wednesday, 14 August 2013
Government is hurting the Thrify who voted for them
Yes if you have any savings spend it before its worthless. Just like Germany in the 30s. We'll need suitcases of money to shop at the supermarket.
Seriously with low interest rates even low inflation - but that is higher than interest - is eroding your nest egg.
Seriously with low interest rates even low inflation - but that is higher than interest - is eroding your nest egg.
I
thought that the idea was that Banks/Building societies raised funds from Savers
by offering them interest.
When
they had the funds then they lent it out to Borrowers (mortgages etc.), they pay
interest.
So
providing you, (Bank/Building Society), receive more in interest than you pay out you are
profitable.
Now
we have another situation the Banks (Building Societies?) get “free” money from
the Government to Lend out thus they don’t need savers money. But where does the
Government get its money from? I guess us? SO actually this is a win win for the
banks they’ve nothing to lose hence the Fat bonuses.
It’s
about time the government was told by US that they must stop and go back to the old system. If interest rates were raised then Savers would save and the money
would be there to lend out. Remember the interest paid is TAXED so the
government gets a cut too.
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