brendan on Nostr: it used to be a serious hassle to move your money from a low interest account to a ...

it used to be a serious hassle to move your money from a low interest account to a higher interest account or fund at another institution

the last time we had nominal interest rates above zero this was the case, circa 2006-07

not the case anymore

banks offering near zero interest and wondering why they are losing depositors aren’t seeing the forest from the trees