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by zarzavat
1353 days ago
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> One way to stop this is to raise interest rates and pull pounds out of circulation but the government is terrified of popping the real estate bubble. The government doesn’t get to decide this. Interest rates are set by the Bank of England and will rise as a result of the government’s decisions. So it’s more accurate to say that the government doesn’t care about popping the real estate bubble or is delusional about the effects of their policies. |
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