The fall of the Tory party

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greentricky in reply to @h2o

Those people are also happy with higher interest rates as they are often cash rich and benefit from higher savings rates

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jellybaby in reply to @greentricky

cash rich and benefit from higher savings rates

But not if interest rates are below inflation.

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greentricky in reply to @jellybaby

Very true
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Hefty in reply to @jellybaby

Inflation doesn’t affect rich people as much. Food costs for a £100k earner aren’t 5x what a £20k earner eats, or needn’t be, and rich people often own assets that are inflating with inflation.

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