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The David McWilliams Podcast

The coming interest rate crusade against inflation?

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 10 May 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

Imagine mortgage rates at 8%, inconceivable possibly but when you think about it not completely out of the question. Historically we've been here before. We examine the last time the interest/inflation cycle turned, what happened, who paid most and what were the long-term consequences? Buckle up for the ride.

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Transcript

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0:00.0

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0:03.6

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0:07.4

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0:11.2

Turn it up at breakfast with me Fleur East.

0:13.9

Me Will Best.

0:14.8

And me James Bar.

0:15.6

On hits radio.

0:16.8

If you're tuning in for the first time, don't expect anything too serious.

0:20.2

No.

0:20.7

Or professional. It's pretty hard waking up in the morning, don't expect anything too serious. No, or professional.

0:21.6

It's pretty hard waking up in the morning, isn't it?

0:24.0

You both actually just make me very happy, and that's quite difficult to achieve in the morning.

0:27.8

That is quite difficult.

0:28.7

That's the best thing about this show.

0:30.1

So sarky.

0:31.2

I was actually trying to be sincere.

0:32.6

We just have a laugh.

0:33.7

Before, quarter past six in the morning, we've already listened to so many amazing tunes.

0:38.6

Hits Radio Breakfast.

0:40.0

The biggest hits.

0:41.2

And the biggest throwbacks.

0:48.0

Moving money used to be slow.

...

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