High interest rates cause more harm to our economy than higher inflation?
On average, everyone is neutral with significant nonconsensus between 34 voters.
Please read the comments from other voters below, then scroll down make your decision. Do you agree or disagree with the following statement?
High interest rates cause more harm to our economy than higher inflation
Reasons To Disagree
If we all save more, eg like Kiwisaver, and don't get laden with debt through personal purchases and easy loans, then we will be able to fund our own debt more without depending on overseas countries. If everyone acts more prudently, then higher interest will be less of an issue than inflation. And easy credit won't be adding to inflation, thus keeping interest rates down... Make kiwisaver compulsory i say.
28 July 2007
Disagree - High intrest rates are a contributor to high inflation. Both are damaging our country.
3 July 2008
Do I really need to make a comment about this
27 August 2012
Reasons To AgreeNo reasons have yet been given to agree with the statement.
Reasons for Remain Neutral
different results for different sectors of the economy
IT IS GUMMINTS THAT CAUSE INFLATION - ESPECIALLY LABOUR!
Six of one, half a dozen of the other.
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