tag:blogger.com,1999:blog-3660751614871769034.post2194293886388366742..comments2023-10-09T11:00:19.400+01:00Comments on Four Thousand Words: A Short Story About FairnessUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3660751614871769034.post-18397086978624850642011-07-04T14:51:49.602+01:002011-07-04T14:51:49.602+01:00Hello Phil, good points and well made. I was sure...Hello Phil, good points and well made. I was sure for certain that someone would continue the analogy here!<br /><br />If you're one of the Phils I know personally, or even just a regular reader, you probably know my stance on the budget deficit. There are other ways to skin a cat than pick on poor souls who have done nothing more than work hard and keep their heads down. But there is another salient point that probably needs to be mentioned.<br /><br />The strength of a pension fund lies in its longevity - and effectively, this is all due to the wonder of compound interest. So why then are the government maintaining interest rates at record low levels while inflation continues to rocket ever skywards? This is surely an artificially-maintained state in the economy that supports multiple homeowners while discouraging savers and those who rely on the income from their savings.Kris Holthttps://www.blogger.com/profile/17496824392835614891noreply@blogger.comtag:blogger.com,1999:blog-3660751614871769034.post-12832425585267232042011-06-30T20:22:50.959+01:002011-06-30T20:22:50.959+01:00But don't forget you have a lot of shares in t...But don't forget you have a lot of shares in the supermarket, and that you work there. You'll be screwed for the rest of your life if it goes bankrupt. <br /><br />So even though the problems aren't your fault, you're going to need to help them. <br /><br />Which probably makes it even more unfair than you were suggesting.Philnoreply@blogger.com