Archive for November, 2008
Understanding Money
In a world of financial, crisis, with money tight and a time where eveyone seems to be feeling the pinch maybe it’s time to go back to basics and rediscover for ourselves what money is and how we should use it.
Money is just a token, it has no real value in itself. The notes you [...]
Bold Reduction In Bank Rate
In a bold and surprising move the Bank Of England’s interest rate setting committee has cut the official bank rate by 1.5%.
In a statement released at the time they said that ‘The past two months have seen a substantial downward shift in the prospects for inflation in the United Kingdom.‘
Clearly they are concerned that there [...]
