Thursday, February 11, 2021

When Will Savers Be Rewarded?

The following chart shows deposits at commercial banks divided by GDP.


Savers will be rewarded when the cows come home.

After vacationing in Japan for a few decades, the cows recently launched into space and were last seen roaming the Alpha Centauri system.

3 comments:

Who Struck John said...

The cows thought about Germany, but that's right out. At least Japanese 10 year bond rates are positive!

Stagflationary Mark said...

Kobe, or not Kobe, that is the question? ;)

Who Struck John said...

At least Kobe they fatten the beef. In Germany, not so much.