The Credit Crisis Visualized

GoldenRivet · 02-21-09, 09:53 AM

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

02-21-09, 09:53 AM	#3
GoldenRivet Subsim Aviator Join Date: Mar 2007 Location: Texas Posts: 8,726 Downloads: 146 Uploads: 0	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 __________________