alt Hacker NewsThe example he gave of GDP metrics going up when banks underpay interest on savings was wild. “Wow, these customers are effectively paying billions to the banks by accepting low interest rates, they must be receiving so much value in return!!”
The example he gave of GDP metrics going up when banks underpay interest on savings was wild. “Wow, these customers are effectively paying billions to the banks by accepting low interest rates, they must be receiving so much value in return!!”
Yea, the reframing in the post is quite good
My free checking account counts towards consumer spending, wtf?
The number of examples the author provides is impressive