Keep Your Trust In Stable Interest Rates,Not In Seduction

Price hike of essential commodities and market products are some of the severe economic concerns that have far too long time inhibited the growth of economic conditions for a longer period of time. The real life condition is that - not even the strongest economic nations of the world arent let go off the problem,which looks a staggering feat to me. At least, from my early teenage, I have been envisioning that the people living in the developed states have the "financial privilege" to spend their assets in well off conditions. But, reality isnt the same, perhaps peculiar to different angles of judgment.

When supply of certain products decrease in an economy, ranging from anything the crops, fruits, vegetables, clothings, scientific instruments, medical hospital equipments, groceries etc, everything, the inclusive services that have own monetary value is enhanced to a percent (3%,5%,10%), when the market deliveries get limited and the ability to produce them is restricted to a part - then thats the time when price hike occurs and that personally never seem as good from a buyers point of view. At least, for such class of people who are least contributed to the economic system.

When you have a fixed salary, for suppose having $1500 net wage from a single job, and from hourly wage perspective the labour policies arent the same all across the world, but 8 hours workday 5 days a week can feel eased to solve the expenses living in a moderately developed towns.But when essential costs start to get high, as a certain pump in local market products price likely hits the others hard and the rest of the target commodities see an increase of their prices too and thats how it follows a chain reaction.

Now, for a central bank it gets to tough to set up proper cards to get to the state of curbing the price hike and controlling the inflation to a reasonable rate. Inflation is not the "evil" that comes to the face of the market when the development growth is on the rise or having a steady motion forward,but at times when there is no way but to tackle other problems. In case of famine,pandemic, warfare,catastrophic drop in productions etc. But, the fact is true, that "other commercial banks" can catch a chance to help the people with interest rates and this way two things happen.

One, people having intact savings fund despite confronting the bearish depression and gaining advantage from business or other #investment schemes get on the board and place a "fixed #deposit" in any of the convenient bank. The quick high bank interest rates get them going and from far afar the federal central banks witnesses the magic! It is that, when prices go up and the interest rates too, the equilibrium fits in the economic cycle to boost back economy and. U.S. Fed bank time to time took the profit of adopting such plans well.

But what about #Hive's HBD interest rate with 20% APR? Most of the banks are well concerned at gaining their own momentum and large stock profit is what the owners try, letting alone the other stakeholders to check their own luck. But, in the blockchain, there is an epic advantage of growing own portfolio and HBD becomes the top stablecoin to be on fully trust and of course I have my own belief towards it too.

The dollar dominated world have been taking on most of the trading all over the world and the history is vast behind that. But, very recently the Euro currency has been proactive in global trade along with Ruble. But, the net value of HBD and Dollar followed a sustainable path and the price range has been a matter of hope for lot of investors and I praise that being so.

People have their own choice to make, whether to open up a bank account that show them lucrative side of depositing, with sudden interest rates to offer and people fall to them. But many time to time, things also have taken U turn and own currencies dropped down due to inflation and such price hike.
But, its not the same scenario for HBD and the value is being reserved well,thats a credit must be taken into consideration while choosing where to invest and accumulate.

Rest is upto individual choice.

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