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RE: IF I WAS A MINNOW ON STEEMIT I WOULD... - PART 1

in #minnow • 9 years ago

I do not make much money and I do not have much in my savings account but I am pretty sure my bank gives about 4% and about 8% for term deposits.

What country do you live in? It's been decades since American banks paid that much interest.

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I live in India.

High interest rate means higher inflation.. Probably 10 times interest rates of banks