How does a high inflation rate affect banking revenues?
Posted June 25th, 2009 by admin 2 Comments »
Zen asked:
U.S had been spending money lavishly recently. Continuing pumping more cash into the financial system. This will result in higher inflation. The question is: Will a high inflation rate affect U.S banking revenue, how?
U.S had been spending money lavishly recently. Continuing pumping more cash into the financial system. This will result in higher inflation. The question is: Will a high inflation rate affect U.S banking revenue, how?