RE: Finally, light at the end of the tunnel for retirees

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Finally, light at the end of the tunnel for retirees

in busy •  7 years ago 

Low interest rates have been a bane to humanity since the effects of compound interest are destroyed. Also leads to capital being used up rather than being saved up. In Australia, our official interest rate is 1.5% and this has led to savers suffering at the expense of irresponsible borrowing

busy
7 years ago by

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