Are we ready for the money squeeze?

摘要

TO POT THE above comment into context, I am fully aware that money isn't free but borrowing at a percent or two over the prevailing CPI/inflation rate has been with us for the best part of a decade1. Historically standard interest rates on business loans were around five to seven percent higher than the prevailing inflation rate and that deterred many from investing in that extra machine, that computer upgrade and all those other devices that encouraged business growth and improved productivity~2.