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Bank interest? How does it work?
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06-11-2006, 06:49 AM
Tdog
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Join Date: May 2006
Posts: 2,707
Most banks will give you 1% on your savings.
Inflation increases by 4% per year, so every year your negative -3%.
Inflation is caused by the Inflating of the Money Supply. Inflation is the hidden tax that no one talks about.
Tdog
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