The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Don Earl who wrote (14721)	11/20/2008 10:41:21 AM
From: Zuiderzon	Read Replies (1) of 71456

"If the interest paid on your savings rose and fell based on the prime rate, you might have a point. You don't have a point." Hmmm, in the last 25 years I have seen the global trend in prime rate reflected in the rate I get on a savings account. Or do you think that the banks will pay you a killer interest rate if they can borrow the money cheaper from the central bank? The risk is now higher than in the stable times you are describing, consequently the premium should be higher, if it weren't for the Fed influencing the rates.

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