Y
Hacker News
new
|
ask
|
show
|
jobs
by
chii
1891 days ago
If the banks are willing to lend at this low rate, so be it. It simply means money is cheap.
1 comments
jjeaff
1888 days ago
They are usually only willing to lend at a rate that low to the wealthy only. Because it is lower risk, but mostly because they want to ingratiate themselves to the super wealthy because it can lead to future, more profitable deals.
link