INTEREST RATE CUTS CRIPPLING SAVERS

We all know that the economy is in a dire state but if interest rates are to be cut again it is high time that savers were given some help, cutting tax on savings would be a start. Every time interest rates are cut it reduces the amount of money savers have to spend, further hitting the economy. Mortgate and loan rates are not falling, in fact are rising in many cases. Could further cuts be counter productive, hitting our currency and driving prices up? Comments appreciated

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