>If I want to borrow to buy groceries, gas, or the other things they measure for inflation I would be borrowing at >19.99%. In the US, credit cards are often a

>If I want to borrow to buy groceries, gas, or the other things they measure for inflation I would be borrowing at >19.99%. In the US, credit cards are often a fixed + prime rate, so changing national bank interest does affect credit card rates. As as aside, ~20% is an insanely high rate for credit card purchases (again, in the US).