Debunking Economics - the podcast cover image

Rate rises and inequality

Debunking Economics - the podcast

CHAPTER

The Debunking Economics Podcast: Steve Keene and Phil Dobby

If you lived in a world where to live within close proximity to London, and you've got a couple of kids, the idea that you'd need to spend not three quarters of a million for a house is actually money to the finance sector. In a huge part of the pressures we're feeling, we've got workers fighting capitalist and is actually the bankers who are in this problem. When we come back, let's get back to that central question about who wins and who loses when interest rates go up. Is it just the poor or do the rich feel as well? Maybe they do, but maybe not to the same extent.

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