Investing
If Your MONEY is in a Bank, You’re Actually Losing About 5% a Year
Charlie Bilello showed some official inflation rates in banks around the world: Global Inflation Rates… And then posted the Real Central Bank Rates (rate minus inflation)… US: -4.9% Poland: -4.7% Brazil: -4.6% Saudi Arabia: -4.3% Canada: -3.2% Chile: -3.1% Malaysia: -3.0% Norway: -2.7% Eurozone: -2.5% Philippines: -2.5% S. Korea: -2.1% Read more…