jhetley: (Default)
jhetley ([personal profile] jhetley) wrote2022-06-16 06:55 am

(no subject)

We've been living with cheap money for so long, having to pay interest to borrow capital frightens the markets. I'm old enough to remember when you would get 3% to 4% interest on savings deposits. With a stable economy.
madrobins: It's a meatloaf.  Dressed up like a bunny.  (Default)

[personal profile] madrobins 2022-06-16 02:57 pm (UTC)(link)
I remember going to the bank with my Mother to set up a savings account (I was 7). 5% interest. For years I thought that must be the default.