Submitted on Monday 11th February 2013
Published on Monday 11th February 2013
Current status: Closed
Closed: Tuesday 11th February 2014
Signatures: 4
Tagged with
Increase supply of National Savings inflation linked products
The small quota and personal annual limits for NS&I RPI products are clearly too small for the demand.
Responsible savers should be allowed to protect themselves from the Bank of England's unwillingness/inability to achieve the current inflation target. This would also allow protection from any future experimentation with a nominal growth target which as a variable the Bank has no influence over is likely to stoke inflation further.
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