It’s on for the next few months. THB peaked for the year, rhymes a fair bit w/ 2022.

Banks are minting it due to higher rates – have you tried to refinance or reup your home loan recently? Rates are “high” relative to the past decade. And deposit rates are nowhere to be seen.

  1. peter satrapa-binder

    regarding low or even zero/minus interest rates in the last years: historically seen, that was rather an exception (and i’d see minus rates even as a perversion of the ‘natural laws of interest rates’) and now things are just reverting to normal. also, historically seen, rates are still very low.

    the problem is that during the last few years the world’s businesses and economies had gotten used to that exception.

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