Change Of Financial Institutions Making A Better Economic Life

The society changes with the advance of time and it keeps bringing new dimensions to the services we get. Most of our financial life has changed from the time when digitalization came in and we got newer versions of internet appliances, the change in structures paved way to how we think.

It is interesting to see now that quite some years ago, we had multiple options to choose and resources were limited. When it comes to financial exchanges one has to depend on the shareholders, peer partners, the financial institutions and sometimes lending money somewhere, talking with a manager of a company and try to think how to navigate money in a productive way.

Few days ago, I wrote about how money if it remains static it is potentially of no value and sometimes it starts to lose value and merit gradually. So to remain constructive and let economic life to be in a good shape, investing the money to a sector would help it to grow and in web3 or crypto models can bring good profit as a return.
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Very lately I have had an ill experience of interest rates and how they are channeled and fabricated to some bank officials as they fake it to return to the customers. These days bank functions as just to take the cashes from people as "deposits" and employing the money to other sectors or people with even greater interest returns.

That suggests of quantitatively, if a $100 deposit is made by any recipient - then he is offered with $2-$3 on an average a timeframe of 5-6 months of time and bank owners get $5-$10 where in those sectors where people take loans from the banking financial institutions.

So, where is the recipient interests going out ?

The results are in the annual financial statements when a particular investigations pop out, the incremental profit they add to each year in the company profile are not less and it grows by dint of people's trust in banking.

These days fixed interest rates of banks have been changed in policy statements and when people are moving their assets out of the banks and into private investments, even in holding crypto tokens although they are volatile and currencies fluctuate and grab the chances of loss- profit.

In the end, it all comes down to taking the chances offered by the technology we have in place and making shift of our financial habits to most cases.

Because it all comes down to financial future and how we get the return in a safer process most selectively moving in an effective process.

Posted Using InLeo Alpha