Why Are Interest Rates So Low In The US? (It Doesn't Matter)

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Why are interest rates so low in the US? It is quite difficult to simply find a savings account that offers more than 1% APY. Meanwhile, many other countries offer interest rates well above 10%. This video describes why banks pay so little interest and the pros and cons of different interest rates.

Sources:
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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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