"Despite a 50 basis point decline in the U.S. 10-year note yield since late July, the average interest rate on credit cards continues to hover close to record levels."
It's a neofeudal financial system. Opt out. #bitcoin #gold
bloomberg.com/amp/news/artic…
It's a neofeudal financial system. Opt out. #bitcoin #gold
bloomberg.com/amp/news/artic…
"The U.S. prime lending rate, the rate that commercial banks to charge their most credit-worthy customers, has fallen thanks to easier Fed monetary policy. But the spread between the prime rate and the average annualized rate on credit cards widened to a record."
Neofeudalism.
Neofeudalism.
Check out this chart.
Central Banking is a tool to maintain and further oligarchy.
The wealthy improve their positions thanks to low rates, everyone else gets shafted.
It's a total fking scam.
Central Banking is a tool to maintain and further oligarchy.
The wealthy improve their positions thanks to low rates, everyone else gets shafted.
It's a total fking scam.
