r/Glasgow Tools

Title
Author	Cannonieri
Comment	They will never raise interest rates to match inflation. They may not even raise them to match their own measure of inflation, which is a gross underestimate. If interest rates matched inflation just now the country would literally go bankrupt.
Reddit Link	https://www.reddit.com/r/glasgow/comments/ojopo2/glasgow_housing_market_there_is_hope/h54xwfr/
Created	Wed 14th Jul 2021 9:39am
Status	normal ()

They will never raise interest rates to match inflation. They may not even raise them to match their own measure of inflation, which is a gross underestimate.

If interest rates matched inflation just now the country would literally go bankrupt.