brendan on Nostr: it used to be a serious hassle to move your money from a low interest account to a ...
it used to be a serious hassle to move your money from a low interest account to a higher interest account or fund at another institution
the last time we had nominal interest rates above zero this was the case, circa 2006-07
not the case anymore
banks offering near zero interest and wondering why they are losing depositors aren’t seeing the forest from the trees
Published at
2023-05-06 14:11:15Event JSON
{
"id": "f96809ae441b9ab73e13544c420156157cfda306d4f60c8abab1bb218b0689e8",
"pubkey": "4e7deee32c8cde50707bd712e3e9a48882a3f2a6f22d01139c2754d544999e90",
"created_at": 1683382275,
"kind": 1,
"tags": [],
"content": "it used to be a serious hassle to move your money from a low interest account to a higher interest account or fund at another institution \n\nthe last time we had nominal interest rates above zero this was the case, circa 2006-07\n\nnot the case anymore \n\nbanks offering near zero interest and wondering why they are losing depositors aren’t seeing the forest from the trees",
"sig": "a61e4e8c307dd870c1c8e1657d6597baf3841b1fdab2b43a0ddf428f44d419cf4faacb2daff1dda824fa7fd9ac01d2c6a2121c7719574d8b5efd264bf5225ab8"
}