Tag: interest rates

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Cash crisis – the risk of rock bottom interest rates

“Interest rates are to asset prices what gravity is to an apple. When there are low interest rates, there is a low gravitational pull on asset prices.”  Warren Buffett In February 2009 when base interest rates had just been cut to 1% per annum, I had a friendly wager with an accountant friend about the […]

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Category: Financial Planning, Investment management