US lowers interest rates.... - Contractor UK Bulletin Board

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AtW replied

3 March 2020, 21:11
Originally posted by scooterscot View Post

So your dollar account now earns 1% at best. Or you can earn 7% on the Dai stable coin (pegged to the dollar) via Blockfi. Is the end of central banks upon us?
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GigiBronz replied

3 March 2020, 20:47
We’ve gone through the last century lending cheaply to people that had assets to guarantee with / stable income creating inequality and tensions in society. Populism has risen and everything that we’ve seen lately.
And the answer is to lend money even cheaper. That makes sense.
Or maybe they know tulip is going down and they want to look as if they’ve done their part...
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jamesbrown replied

3 March 2020, 20:35
Oh do shut up, scootie, you insufferable bore.
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scooterscot started a topic US lowers interest rates....

3 March 2020, 20:34
US lowers interest rates....

So your dollar account now earns 1% at best. Or you can earn 7% on the Dai stable coin (pegged to the dollar) via Blockfi.

Is the end of central banks upon us?
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