by Lordo » Sun Mar 24, 2024 10:12 pm
Little Fishy is all excited because inflation has come down to 3.9% and he thinks he will reduce interest rates and the economy will pick up and he will save the SwineCunty Party, What he does not realise is that the prices are higher now than they were when Inflation fist took off, they are just increasing at a slower rate. Lets face it they are in the shit and so is the whole of the west world workers. The only cunts making money are the corporations and mean making a killing not just money in more ways than one.
He is fucking clueless.
First of all interest rates had nothing to do with Inflation dropping, it was global energy prices that did it.
Secondly according to his thinking if he reduces interest rates surely it will push up inflation but of course it will not as people do not have enough money to buy food never mind anything else. Energy prices we pay is still sky high despite the fact that global prices have dropped.
And finally the last thing is he forgets he advised people to increase the payment terms for their mortgages or go interest only to be able to stay in their homes. So clearly interest rates had zero effect on inflation, all it did is line his mate's pockets.
But of course he will be fine being a SwineCunt an all that.