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bank intrest went down
from what i seen
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rockhead
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Post: #1
bank intrest went down
now its not even 2% its said 1.97% >.> this is getting annoying
24/02/2008 12:22 PM
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u_c_taker
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Post: #2
RE: bank intrest went down
banks work on basis of supply and demand i guess the ep bank is no different
24/02/2008 12:24 PM
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rockhead
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RE: bank intrest went down
u_c_taker Wrote:banks work on basis of supply and demand i guess the ep bank is no different

uhhh sure lol i dunno what that meant but ok Peace
24/02/2008 12:29 PM
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u_c_taker
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RE: bank intrest went down
that is the fundamental of economics but there is no demand for credit here on ep yet
so the more people deposit the more bank rates would fall atleast that's what i assume
(This post was last modified: 24/02/2008 01:14 PM by u_c_taker.)
24/02/2008 01:13 PM
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rockhead
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Post: #5
RE: bank intrest went down
u_c_taker Wrote:that is the fundamental of economics but there is no demand for credit here on ep yet
so the more people deposit the more bank rates would fall atleast that's what i assume

o ok lol i was confused but i understand nao and yea i guess it sucks though >.<
24/02/2008 01:17 PM
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Syfe
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Post: #6
RE: bank intrest went down
ah so they are smart banks now?
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24/02/2008 01:17 PM
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rockhead
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RE: bank intrest went down
Syfe Wrote:ah so they are smart banks now?

lmfao yea
24/02/2008 01:18 PM
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Syfe
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Post: #8
RE: bank intrest went down
more money that gets pumped into the system = less interest.

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24/02/2008 01:20 PM
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rockhead
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Post: #9
RE: bank intrest went down
Syfe Wrote:more money that gets pumped into the system = less interest.


yea it sucks balls
24/02/2008 01:22 PM
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beaner2k6
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Post: #10
RE: bank intrest went down
yeah that sucks donkey, I'm never gonna be able to afford a moon now
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24/02/2008 01:22 PM
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