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 Fixed Deposit Rates In Malaysia V. No.10, Please Read Post #1 & #2

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LDP
post Nov 26 2015, 04:01 PM

On my way
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Junior Member
626 posts

Joined: Sep 2011
Cash is really king now....those who hv bullets shld enjoy the show..

Banks are fighting for fresh capital, which means, it will be a good deal for savers..

The problem is when the FD rates go up too high, everyone stop spending..and all the money is locked up in the bank.

With little domestic spending, economy will not be vibrant due to less consumption...

This post has been edited by LDP: Nov 26 2015, 04:03 PM

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