Posted 4/27/2022 21:04 (#9635141 - in reply to #9633825) Subject: RE: Increasing interest rate to stop inflation????
MN
Lol. Banks for some reason figured out they do not have to be competitive by paying high interest. In mid 2000 I was getting 3-4% on a CD and I think you could borrow money for about 5-6% at that time. Maybe someone can chim in. Now you can borrow money for 5-6% and get what on a CD? <1%…