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News & politics

Interest rates

(33 Posts)
Brendawymms Wed 07-Aug-13 18:07:20

So interest rates are not increasing until 2016. Well that's .......# my hard earned savings are worthless. I saved to help my retirement but at 0.5% interest my savings are being devalued whilst costs go up.

bluebell Thu 08-Aug-13 08:24:54

The main issue about the interest rate is whether it will achieve its economic objectives - my personal view is that economics is all smoke and mirrors

HUNTERF Thu 08-Aug-13 09:38:51

bluebell

They are not wealthy dentists and they are employed by the NHS.
They do not work in a dental practice.
They work in a hospital and I don't think the hospital takes money from patients.
They do get thank you cards and one patient sent some treats for the dog.
Unfortunately these cards sometimes arrive a few days after the treatment has been carried out and they can not put a face to the sender.

FRANK

glammanana Thu 08-Aug-13 12:04:39

Might be a case of remember the teeth and forget the face eh ! Frank ? I do think it is an achievement for your daughters to own their homes outright but I think you are very smug and self rightious about the fact,maybe they will be able to fund your care fee's when you need them paying saving the hard pressed rest of the community paying them,but you will no doubt come up with a plausable reason as to why not.grin

janthea Thu 08-Aug-13 12:07:23

I wonder if Frank is a fantacist. His last post seems unreal. Or even surreal!

glammanana Thu 08-Aug-13 12:15:54

janthea I think it is off the scale altogether.grin

gillybob Thu 08-Aug-13 12:25:57

There is absolutely no "acheivement" in being handed a large sum of money, purchasing a house and therefore being mortgage free. IMHO.

Frank Smug????? Surely not grin

bluebell Thu 08-Aug-13 12:52:00

Well Frank - trained by the taxpayer, paid by the taxpayer - maybe if you are in that category and don't have a mortgage, you should earn less money and your well off father-in-law should pay you the difference. Funny what is funded by the tax payer isn't it? (Don't believe a word about the dog treats or even the thank you cards)