<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Features

Politicians want to move us towards a cashless world. It would be a disaster

25 November 2017

9:00 AM

25 November 2017

9:00 AM

What could be more terrifying than a return to the 15 per cent interest rates with which homebuyers had to contend in the early 1990s? Possibly the vision presented last week in UBS’s Global Economic Outlook: interest rates at minus 5 per cent. It would take us to an unknown world where savers who deposited £100 in a bank would return a year later to find only £95 left.

Already a subscriber? Log in

As the US decides, so can you

Subscribe today and get a $50 Amazon gift card if you correctly predict the next US president.

  • Unlimited access to spectator.com.au
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER

You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.


Comments

As the US decides, so can you

Subscribe today and get a $50 Amazon gift card if you correctly predict the next US president.

Already a subscriber? Log in

Close