TMS020 Interest Rates

An episode of the The Money Shot podcast, hosted by Damien Fogg, titled "TMS020 Interest Rates" was published on September 10, 2018 and runs 23 minutes.

September 10, 2018 ·23m · The Money Shot

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Summary

Today we’re talking about interest rates and how they impact both the economy, and us as individuals. Who controls them? Why do they shift up and down? You know. That sort of thing. In This Episode How interest rates work in the UK The average interest rate over the last 324 years How banks use interest and your money Savers, borrowers and the economy at large “The main purpose of changing interest rates is to impact the overall economy” “We’re pretty much still the lowest rates ever seen” More Damien www.theepinvestor.com

Episode Description

Today we’re talking about interest rates and how they impact both the economy, and us as individuals. Who controls them? Why do they shift up and down? You know. That sort of thing.

In This Episode

How interest rates work in the UK
The average interest rate over the last 324 years
How banks use interest and your money
Savers, borrowers and the economy at large

“The main purpose of changing interest rates is to impact the overall economy”

“We’re pretty much still the lowest rates ever seen”

More Damien

www.theepinvestor.com

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