This is actually one of the more enjoyable reads from today. Is there such a thing as paying too little interest on deposits? In particular, there’s a large chunk of the population that learned to expect 5% interest rates on deposits. We call them the elderly, and our current policies are doing quite a bit of damage to them. Is there something analogous to usury (charging too much interest for a loan)?
-
hilker liked this
-
crazynutjob posted this