a well done production which shows the problem exactly as it is.
The fed should have a minimum interest rate that they cant go below 4% for example.
it would be nice if the bank had the same (or similar) interest rate on MY money as they do on THEIRS as well.
I have seen savings account interest rates as low as 1.9% and lower
If you think about it... you're investing your money into the bank.
borrow THEIR money on the other hand... 7%... 8% interest or higher depending on your risk.
funny. those bankers and brokers are not nearly as smart as they like to think they are
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