Kudona: Modern saving – how can interest still be earned today?
Vilnius / Hamburg (ots) - For some time now, savers in Europe have had a common adversary: the base rate policy of the ECB. When interest rates are low – and at the moment it’s at zero percent – the banks borrow a lot of money. This leads to more money being in circulation overall – and causes a high inflation rate. This gnaws away at the purchasing power of private citizens and companies and makes obsolete the ...
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