The Coming Expropriation Of 10% Of Everyone's Accounts

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The Coming Expropriation Of 10% Of Everyone's Accounts

7 January 2014, 10:01,

#15

NorthernRaider

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RE: The Coming Expropriation Of 10% Of Everyone's Accounts

Inflation is eroding savings by about 2.5% whilst interest rates are averaging only .5 %, leaving your money in the bank is seeing it eroded away. Leaving it in the bank on zero or any interest rate lower than the current rate of inflation is just throwing money away.

RPI is 2.6 % at the last measure
http://www.bbc.co.uk/news/10612209

Unless your getting monthly interest rates higher than 2.6 you money is just wasting away.

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Messages In This Thread

The Coming Expropriation Of 10% Of Everyone's Accounts - by Jonas - 2 January 2014, 19:00

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by BeardyMan - 2 January 2014, 22:58

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by BDG - 2 January 2014, 23:47

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Midnitemo - 3 January 2014, 13:16

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Tartar Horde - 3 January 2014, 13:55

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 3 January 2014, 15:10

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Geordie_Rob - 3 January 2014, 18:11

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by bigpaul - 3 January 2014, 18:18

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Karidian - 3 January 2014, 22:42

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by BDG - 6 January 2014, 20:50

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Spandex228 - 6 January 2014, 21:48

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 6 January 2014, 22:38

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 7 January 2014, 00:25

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Tartar Horde - 7 January 2014, 09:10

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 7 January 2014, 10:01

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Skean Dhude - 7 January 2014, 10:39

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 7 January 2014, 12:06

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Skean Dhude - 7 January 2014, 14:03

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Jonas - 7 January 2014, 18:48

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Skean Dhude - 7 January 2014, 19:20

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 7 January 2014, 20:01

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 7 January 2014, 20:30

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Steve - 8 January 2014, 01:10

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Kenneth Eames - 8 January 2014, 06:14

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Skean Dhude - 8 January 2014, 10:13

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Jonas - 9 January 2014, 18:46

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 9 January 2014, 19:56

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 9 January 2014, 20:46

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 9 January 2014, 21:09

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 9 January 2014, 21:16

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by MaryN - 9 January 2014, 21:53

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by MoleTrapper - 10 January 2014, 11:15

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Tartar Horde - 10 January 2014, 11:24

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 10 January 2014, 11:40

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 10 January 2014, 12:07

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 10 January 2014, 12:23

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by MoleTrapper - 10 January 2014, 12:55

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Skean Dhude - 10 January 2014, 17:26

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Steve - 10 January 2014, 19:59

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by BDG - 12 January 2014, 16:23

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by NorthernRaider - 12 January 2014, 16:32

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Straight Shooter - 13 January 2014, 00:31

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Steve - 13 January 2014, 02:28

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 13 January 2014, 21:58

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by BDG - 14 January 2014, 22:32

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Devonian - 14 January 2014, 22:52

RE: The Coming Expropriation Of 10% Of Everyone's Accounts - by Skean Dhude - 15 January 2014, 15:30

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