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> In an inflationary economy, the winners are rich who have valuable assets whose value skyrocket - think real estate, businesses, etc. On the other hand, risi
by skybrian 4y ago
> In an inflationary economy, the winners are rich who have valuable assets whose value skyrocket - think real estate, businesses, etc.
On the other hand, rising interest rates causes all assets to decline in value, and the decline is worse depending on how far away the "maturity date" is. It looks like the UK has been raising rates, similar to the US. [1]
[1] https://www.bankofengland.co.uk/boeapps/database/Bank-Rate.asp https://www.bankofengland.co.uk/boeapps/database/Bank-Rate.a...