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Rising interest rates will leave tire tracks on the world's great beaches.

Rising interest rates will leave tire tracks on the great beaches. Rising interest rates will leave tire tracks on the world's great beaches.

Rising interest rates will leave tire tracks, hence the little cars,

on the world's great beaches. Welcome to the Knock On Effect, the Show that quite clearly is not for everyone.

Our job is to start with the thing you know

and show you what it actually means. So joining me today is our first rate

guesser, Justine Underhill. Thank you. And the man whose word is always his

bond, the professor himself, Roger. Thank you're

and the man whose word is always his bond, the professor himself, Roger Hurst. Hello everyone.

It seems you're doing a little bit of calculus today, Roger.

Well, I've got some extended lecture notes for this one, because I think we're going to need them.

...