Economy- whats with these wierd intrest rates?
Across the world what’s going on? Compare the US intrest rate which is 2% with Argentina 82.00% Australia 1.00% Germany 0% Swiss -0.75%
In the world of entertainment, it's called magic!
Japans been at -0.1% for the last two years. Nobody said each country’s interest rates have to be the same. There’s something different going on in each country that drives their inflation. Couldn’t agree more than 👆. Currency is all about coercing the citizens of a nation to be productive. The feds job is to keep you just poor enough to want the things you can barely buy. That’s why having a strong middle class is so important to the government. The actions of the federal reserve affects these people probably the most from a consumer standpoint. It determines how much house and car they can buy.
Do you believe in miracles and magic? 😁
Bad timing :P
Gov controls currency and the rate.
In layman term, it’s different because of how easy or hard it is to borrow credit in each country. The higher rate means it’s the worse economy where uncertainty is high and inflation is also high.
The U.S. is doing better than the rest of the continent, EU and S.A. doing poorly economically.
That's why only trust gold or assets. Not currency. Currency's fake money that's manipulated by the government of every country to maintain their societies, inflation and national integrity. The value of your possessions is not important to them.
Inflation increases nominal value of your assets and makes it easier to repay debt.
Yep crypto ftw