How Does Money Lending Interest Work - Boldly going into uncharted territory - Times Online
International Energy Agency figures show that output is up by 2m barrels a day on two years ago and by 4m on four years ago. And at last someone in the mainstream media is joining the dots about the flood of money going from the stock market after the dot com bust to the housing market and in the last year into commodities. The differential between the CPI and RPI is close to a historical high (albeit tightening now that house prices are falling), in this sense, it is hard to say that interest rate decisions would have been the same when the differential has been consistently widening over the last few years? If you have a house that costs you £1000 a month to live in and you’re being paid £900, you have to borrow and to borrow you need asset price inflation - houses. Learn more
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