19 Mar 2022
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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
I think you might want to look at the interest rates charged by licensed moneylenders.
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