High interest rate- the rich got buisness addition cost just charge to customers
low interest rate- Rich got asset & credit, can borrow cheap money to buy more asset or expand buisnes.
High interest rate- the poor salary cant keep up with price increase, jialat
low interest rate- no impact if they dont borrow money from bank, and bank wont lend alot to them due to their low income.
so no matter what environment, the rich wins
High interest rate- the rich got buisness addition cost just charge to customers
low interest rate- Rich got asset & credit, can borrow cheap money to buy more asset or expand buisnes.
High interest rate- the poor salary cant keep up with price increase, jialat
low interest rate- no impact if they dont borrow money from bank, and bank wont lend alot to them due to their low income.
so no matter what environment, the rich wins