Some forecasters predict consumer price inflation data due to be released will show prices fell by 0.4% year-on-year in July
  • zephyreks@lemmy.ca
    11·
    1 year ago

    Turns out, it’s advantageous to loan out money when global interest rates were dropping to about 0. Who woulda thunk?

    • agarorn@feddit.de
      2·
      1 year ago

      What are you talking about? China was never at 0% interest. What does that has to do with the previous comment?

      • zephyreks@lemmy.ca
        1·
        1 year ago

        The principle being, lower interest rates lead to more debt because spending is less expensive.