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/biz/ - Business & Finance

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28194097 No.28194097 [Reply] [Original]

>Bank gives me 0.5% a year when I lend my money out to them (savings account)
>The bank also prints so much money that my chunk of money loses like 2% of its value every year
How is this fair?

>> No.28194241

>>28194097
Actually its .05% lol

>> No.28194453

>>28194097
>How is this fair?
it's not, sell everything for btc

>> No.28194696

>>28194097
It’s not fair but that’s the way it is. NPCs love government and central banking.

>> No.28195286
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28195286

>>28194097
>thinking inflation is at 2%

>> No.28195485
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28195485

>>28194097

>How is this fair?

Well I don't know. Also:

>he thinks inflation is only 2% a year

>> No.28195595

>>28194097
kek only 2% anon right now it is more like 10-20%
you may not noticed now but as soon as the economy is opened again it will be pretty

>> No.28195660

>The bank
I think you mean the government.

>> No.28195691

>how is this fair ?
it's not. only use that shit for emergency money if at all

>> No.28195845

>>28195691
This is the only reason I have fiat savings. In an emergency I need instant liquidity.

>> No.28195919

>>28194097
Wait till they have enough bug people relative to humans that they can go cashless with negative interest rates... We're almost there; they can steal an election to thunderous applause. Winter is coming.

>> No.28195930

>>28194097
>How is this fair?
It's not

>> No.28196014
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28196014

>>28194097
You pretty much have to dump 85-90% of your assets into stocks, house and silver/gold or else your moneys as good as toilet paper.

Its how the jews keep you in the rat race.

>> No.28196038

>>28194097
They're stealing from you anon. Only have around 6 months worth of expenses in a savings account.

>> No.28196143

What bank do you have that gives you 0.5% for a savings account, OP? I'd sacrifice my left nut for a savings account even with that pitiful amount of interest.

>> No.28196231

>>28194097
banks have been scamming for years

robinhood just scammed

the sec is a scam

stock market is a scam gme just got restricted can happen to any stock gg