Reply to post: Re: puts competitive pressure on the banks

Most of the world still dependent on cash

Tom 13

Re: puts competitive pressure on the banks

Bullshit.

Best rate I've managed in the last 8 years is 1%, which given inflation is still a negative return for keeping my money in the bank. And these days the banks don't get their money from those accounts. They get it directly from the fed because it is cheaper.

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