We have negative interest rates and that will continue to prop up the financial system. Compound interest is a myth at this point. Sure, in nominal terms it may appear you are getting ahead but that's based on an underestimation of real inflation rates.
We have negative interest rates and that will continue to prop up the financial system. Compound interest is a myth at this point. Sure, in nominal terms it may appear you are getting ahead but that's based on an underestimation of real inflation rates.