General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Zetectic
Richard J Murphy
comments
Comments by "Zetectic" (@zetectic7968) on "Interest rates should be as low as possible" video.
Forget mortgage rates (I know they are important to some people), just look how credit card rates have been going up! Most are now 30-40% which is usury. 2 or 3 years ago I could transfer a balance from one card to another for 2-3%, now it has gone up to 5-6% & the 0%rate period has dropped from 2 years/18 months to 1 year or less. Meanwhile banks are making record profits, closing branches, & still paying ridiculous high salaries: that is where the interest is going.
3
No you can't when inflation is at 18-22%
1