AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
What Is the Real Interest Rate and What Does It Mean for Consumers?
You will still be paying your bank for your markets now I won't be called interest rate so whenever you look at that statement it would still say negative interest rate but there will still be a handful of different costs that the bank has added into the final calculation. The other thing to consider is that you might not be the incredibly worthy for a loan especially in times like this and banks are much less inclined to grant us any loans. As crazy as it sounds trillions are pumped into our system trillions are also being taken out of our system with huge debt amounts defaulted on at a rapid rate.