Post
Topic
Board Economics
Re: Co-op Bank fails stress test and Lloyds and RBS remain at risk
by
TonyOliver
on 26/12/2014, 01:48:49 UTC
If we keep printing extra money to cover the deficit -that should cause inflation - as we are creating extra money without creating extra value. House prices should then inflate which should cushion the banks from this potential increase in the base rate.

I dont see the base rate increasing any time soon with the low oil prices - and I dont see a housing price correction ant time soon. 

Garry