PCT: JPM CEO: Interests Rates May Hit 8% v10.0 :

PCT = Pandas Coffee Talk.

What if interests rates go up to 10%. First of all. Stupid investors like me RickPANDA will celebrate. Because we just save & save in savings accounts. We get stock markets returns. So it is a very idiot proof ways to invest. You just save & save. You just cut costs & cut costs. It is no brainer ways to become billionaires. The more you save. The more you cut costs. The faster you become billionaires.

10% interests rates also mean governments can print more money to build our social networks. Because bonds issued with very high returns. Are more desirable than shares because there is no volality in bonds.

Shares investors may get somethings also. Because a bonds 10% returns. Mean companies shares. And crypto. And commodity must give 10% to compete. It forces everythings to give 10% returns.