Thursday, March 13, 2014

Go Take A Hike - Herald

The God awful Auckland rag is at it again.

Apparently an interest rate rise of just one quarter of one percent is deemed to be a 'hike.'

I thought it was just a marginal increase which most prudent borrowers and lenders would have factored into their calculations at loan commencement time.

I the rate had gone from 0.25$ to 2.75% then you could call it a hike.


Anonymous said...

That's the Herald. If the sharemarket drops a few points it is always a "plunge!"


Edward the Confessor said...
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