20 January 2010

It depends on what side you're on

You mortgage borrowers may not welcome an increase in interest rates. but we savers would not necessarily be displeased.

And there are many more of us than of you (some say seven times more). Nor, just because we have savings, are we well-off; some of us rely heavily on the interest earned in order to pay the bills.

If only there were a way to keep everybody happy ...

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