Comments by "jjeffery worboys" (@jjefferyworboys8138) on "Bank of England raises interest rates for fourteenth time in a row" video.

  1. Im sure you will have a Pension Fund into which you pay into each month. They invest your money in many things particularly shares, so you are also benefiting.
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  2. Base rate will peak @ 5.75%, a viewed shared by most leading UK Bank economists. As a saver I wish it would go higher !
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  3. That's what you are doing wrong. It's not how hard you work that counts, it's how smart you are at it. Imagine we both have the same size lawn and you have a mower with a 12" blade and mine has a 18" blade. You will work longer than me to achieve the same thing.
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  4. Something we should all aspire to be.
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  5. My personal rate of inflation will be vastly different from yours. The rate of inflation used is therefore largely irrelevant.
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  6. An old fashioned concept, but one that has always worked for me.
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  7. Sadly the most vulnerable are always those who feel the pain first and hardest.
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  8. Whats stopping you becoming one ?
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  9. During this time many people who could have easily afforded to overpay their mortgages didn't, now they are paying the price.
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  10. The Manager of Manchester City FC salary is 40 times higher, with a fraction of the responsibility.
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  11. They aren't, it's only a small portion of homeowners with large mortgages who are effected and they are simply collateral damage. More people own their homes outright in the UK than have mortgages, did you know this ?
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  12. They should be more or less equal, so until inflation falls below base rate don't expect to see any downward movement.
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  13.  @SmartCookie2022  Unfortunately your comment is lost on most Youtubers whose attention span doesn't extend beyond the first line.
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  14. Banks make huge profits because they are huge businesses with millions of customers.
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  15. I sure do !
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  16. Sadly many people are financially ignorant, even though they may actually be intelligent.
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  17.  @kanedNunable  For every loser there is always a winner and I know which I would rather be !
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  18. I had an expensive divorce, what's your excuse for not getting richer through the last 10 years ?
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  19. I agree, but that would have a very damaging effect on the economy and cause more problems that it would solve. The B of E has a very difficult balancing act to perform.
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  20. Single people have always had a rough deal irrespective if they own a home or not.
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  21. Obviously you don't have any and are envious of those who do. Take personal responsibility for your own life and do whatever to takes to achieve your goals, its what successful people do.
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