Where We All Heading Financially?
On 11/ 04/ 2022 Central bank has issued the T-bill interest rates as follows. What is t-bill? What is interest rates? How can it affect our economy? How it's gonna affect your life? What are the cons and pros? Stick with this artical till the end, so you'll get the answers. What is Treasurery bill? Treasurery bill which is shortly called as T-bill, is a kind of liability of a country. Simply, when a country needs credit for some short term investments or to run, the goverment borrows money from different entities. Mostly banks. As a reward, the government pays a specific interest rate to them for the amount received. You may ask how it can affect our economy?, comming to the point. In a crisis like ours, a country needs money to run. Take our country as an example. Now we have 3 choices in these critical times. 1. Money printing. 2. Asking for credit lines from another countries. 3. Using the money from the treasurery. Money Printing is bad, we all know. But money prin...