Could you elaborate on what this would mean for consumers . Sure, consumers will be affected by this policy change through commercial banks changing its short term crime rate, it will be impactful in two ways, for Savings Account for instance it is good news because we will finally see some positive numbers is interest on our savings. But for the borrowers it would mean if you have a variable rate it could go up, according to the commercial banks decision, and you would be liable for a greater interest payment. If you would be liable for a greater interest payment. If we are talking greater interest payment. If we are talking about greater interest payment. If we are talking about moving greater interest payment. If we are talking about moving out i greater interest payment. If we are talking about moving out of negative Interest Rates, what sort of a move are we looking at . ~. ,. ,. ,. , at . Mood, the mood in businesses. At . Mood, the mood in businesses. Not at . Mood, the mood in
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and explain to people why this will hurt them, people understand. you have to spell it out but people get that regulations end up hurting the economy and hurting jobs, allowing for wage negotiation. round of applause for sabrina. you called it two years ago. i hate to say i told you so, but i do know that when you artificially manipulate wages or benefits, it is going to lead to fewer jobs, less flexibility and the less good workplace for everybody. i think this should be a lesson for other states like washington s neighbor organ that s currently trying to push through and scheduling overtime regulations, it s going to have the same backfiring effect. david: let s look at what i found. 9% reduction, 3% rise of hourly wages and that ended up with $125 less each month for the workers. listen, i ve seen studies that have gone the other way but i would like to say to some of the ceos that make a lot of money, generally a better wage attracts a better worker. that s generally the rule
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