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Why would the loans be high interest? Fed interest rate right now is almost 0%. In some countries the interest rates are below 0. Why do banks have the special
by deevolution 6y ago
Why would the loans be high interest? Fed interest rate right now is almost 0%. In some countries the interest rates are below 0. Why do banks have the special privelage of barrowing at this rate but people don't? Its a scam!
- mardifoufs 6y agoThe high yield bonds the FED is buying are high interest. Also the banks have access to those low interest rates because they usually have collateral.