Department of the Treasury (user search)
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Author Topic: Department of the Treasury  (Read 2668 times)
Democratic Hawk
LucysBeau
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*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« on: April 24, 2006, 07:08:23 PM »


I am also very pleased to report that inflation is responding well to my shock therapy.

I trust it is given that interest rates have risen from 3.75% to 6.0% since 15 March 2006. Never mind, I'm sure many hard working Atlasians can keep the same amount of food on the table, while they struggle with their mortgages

Or are home repossessions a price well worth paying to keep inflation down?

'Hawk'
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Democratic Hawk
LucysBeau
Atlas Icon
*****
Posts: 14,703
United Kingdom


Political Matrix
E: -2.58, S: 2.43

« Reply #1 on: May 21, 2006, 11:10:09 AM »

1) Increase the interest rate by 0.75% to 6.75%


Given your consistent hikes in interest rates Mr Secretary, lets just say I look forward to the day when the Corporate Benevolent Funds are in full swing, at which time firms party to such schemes will be able to borrow for the purposes of expanding at a more affordable rate of interest

Of course, on a more positive note, such increases will provide an incentive to save

'Hawk'
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