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http://www.investopedia.com/terms/f/fractionalreservebanking.asp http://www.investopedia.com/terms/f/fractionalreservebanking... Beyond that, I said "and" not
by djschnei 10y ago
http://www.investopedia.com/terms/f/fractionalreservebanking.asp http://www.investopedia.com/terms/f/fractionalreservebanking...
Beyond that, I said "and" not "or". Interest rates and savings should be organically tied together. They should signal each other. Nowadays, they do not.
- smallnamespace 10y agoNo doubt we all, including central banks, would be happier if rates were at 5% instead of 0%, but then we'd have much worse mass unemployment as an aftereffect of the financial crisis. The 0% bound you see today is the lesser of two evils.
- djschnei 10y agosolve government tampering with more tampering while continuing to blame "captialism". Glorious.