3 ms·
Do you get any interest on checking accounts or is it 0 like in the USA? What about money market funds ?
by naveen99 3y ago
Do you get any interest on checking accounts or is it 0 like in the USA? What about money market funds ?
- MichaelZuo 3y agoYeah a 97% interest checking or savings account at the local Argentinian bank doesn't sound too bad at all.
- costco 3y agoNot when underlying inflation is over 100% and there is severe capital controls. See https://en.wikipedia.org/wiki/Carry_(investment)#Currency https://en.wikipedia.org/wiki/Carry_(investment)#Currency