The Fed increases rates at a fractional level but by bit over the last while. The rates at which the banks loan to people have increased. The rates at which the banks pay people for their deposits hasn't increased to the same degree. Money is made at the expense of the individual
LOOK THROUGH MY BOOKS!: http://books.themoneygps.com
SUPPORT MY WORK: https://www.patreon.com/themoneygps
PAYPAL: https://goo.gl/L6VQg9
BITCOIN: 1MbAUXsHa8XRFMHjGurd7L5nRDYJYMQQmq
STEEMIT: https://steemit.com/@themoneygps
T-SHIRTS: http://themoneygps.com/store
MY FREE eCOURSE - Financial Education Taught in Simple Illustrative Videos:
http://themoneygps.com/freeecourse
Sources:
https://goo.gl/UpprQe
In This Episode:
The Fed increases rates at a fractional level but by bit over the last while. The rates at which the banks loan to people have increased. The rates at which the banks pay people for their deposits hasn't increased to the same degree. Money is made at the expense of the individual
Nice!
Check out my post:
https://steemit.com/bitcoin/@nandor/what-s-the-underlying-value-of-bitcoin
Could it be that we would need it to allow economic growth, which creates opportunities for the emergence of new ideas and companies, which could not compete without this system with the companies already in the industries.