Fed hikes rates to highest since dot-com bubble. The central bank’s key overnight rate will rise to a range of 5.25% to 5.5%. That is higher than it has been in decades.
(www.washingtonexaminer.com)
🤑 MONEY COLLAPSE 💥
Confusing why would 5.5 high ? I know it os higher than 3.5 but if compare to credit card 20-35% Thai is call high
I know right? We have been trying to get rid of our credit cards. Still have one for 2000 dollars to do.
I have $1k, but luckily mine is no interests for 6 months as long as I pay it off before that, only need to pay minimum payment
Did u try to transfer it and start “new”
No, we just concentrated on putting as much money as we could into several credit cards. At the moment though, with one more to go, we are instead, stacking silver, because we believe that that gold-backed currency thingie, rumoured by BRICS, is going to happen soon-ish - i.e. August. Gold will start gaining, and Silver in its wake. there are some other fundamentals, such as rapid inflation, that will put pressure on metals.
In any case, Cold Hard Silver, and cash for that matter, is harder to spend, once it is sitting in one's treasure tin. Also, it cannot be stolen by banks. One does have to stock up on lead as well, however, just to ward off physical thieves. But on the positive side, thieves tend to go for tech stuff, not crummy-looking tins. If one is intending to travel, one tends to hide that tin really well.
Since we started, Silver has tripled in price, and I don't see any way for it to come down, what with the industrial use of that metal. (Think of mobile phones and computers).
And, when we bought our house, we sold some silver to cover the lawyer's fees and some of the deposit. We walked into that office with bare feet and shitty clothes, and the lawyer was very surprised that we could just fork that cash over.
21months no interests debts transfer https://citicards.citi.com/usc/lpaca/citi/cards/diamondpreferred/external_dp1/index.html