who suffers the most from low interest rates?
Who are the people that suffer the most from low interest rates?
Interest on your savings is now at a record low at 0.5% and it’s likely we’ll see this hit 0% before long! who’d have thought….
So the banks are now offerings us pretty much nothing on our money in a volatile market place where we don’t feel the banks can be trusted anymore, and as a kicker they charge us disproportionate fees.
So what’s the definition of a bank? Honestly, I’m not even sure anymore.
Sorry, rant over..