Posted by: AeX5m7zBC6jf4Z January 15, 2017
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I do not know any country which gives the interest rate on savings/fixed deposit more than the inflation rate of the country.
The interest rate on no risk investments such as fixed deposit can never be more than inflation, because if the interest rate is more, the inflation will automatically increase. The more money people have, the more the inflation rate will be.
The interest rate on no risk investments such as fixed deposit can never be more than inflation, because if the interest rate is more, the inflation will automatically increase. The more money people have, the more the inflation rate will be.