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Bills keep rising but income is decreasing

1 reply

DreamChaser23 · 02/04/2020 14:09

for the majority.

A lot of bills have increased this April:

Council Tax (surprised when service never improves)

Gas Electric (is expected to rise this year)

Food (ever since the COVID19 outbreak, anyone notice just how much prices for food shopping has increased)

Banks (Overdraft rates seems like banks will be willing to make extra money whenever. Also they have been criticised for not lending money. Same people that were bailed in 2008

OP posts:
ripples101 · 02/04/2020 19:39

Yeah I agree with you.

I think that we should all be in this together. Everyone takes a hit. Everyone.

20% of your salary, 20% reduced off council tax, utility, mortgage, interest on credit cards, overdraft, etc etc.

Everyone suffers financially. We all suffer equally.

No one should profit from this. Any extra profits the supermarkets have made - they should put it back in, and then some.

In fact, I’d go one step further.

Money only has a value that we, humans, attach to it. The Bank of England has a literal license to print money.

So print money, spend it, then wipe the debt.

The economy only needs to suffer because those in power won’t have the balls to just wipe the debt.

We can all return to normal after this, if only we didn’t ascribe any value to money itself.

So put money into isolation for 3-6 months.

Just as we are being asked to isolate.

It can be done. If we really are intent on being in this together.

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