WHEN'S IT GONNA STOP !!!!

[Robojin]

3 years ago it went to

 

[Bez]

Can annyone explain why if inflation is rising they put up interest rates? Surely this only adds to inflation especially in the state the economy is at this moment

Interest Rates Go up

Less money around to play with (unless you're a banker!)

Less money around = less spending so goods get cheaper (in theory)

Inflation comes down.

 

[Evans Electric]

Bez, you are wasted as a spark !!!!

 

[mikep]

Revjames posted the third reply saying goto Screwfix for the copper pipe at

 

[mikel]

Cheers Bez. I can see the theory behind it now you've explained it but doesn't seem to work like that in practice. Suppliers just seem to put up their price to cover less sales nowadays.