J. Romanchuk: Inflation eats bank deposits

About it now reports disk imaging management of the State Bank of the country. In terms of national currency deposits exceeded 13 trillion rubles.
Managing analytical center Mises Yaroslav Romanchuk commented for "Freedom" is the message:
"In 1-x, these statistics do not have the required amount of new deposits. It may be the growth is due to the fact people long not withdraw their money from banks, and their number increases through interest.
And second, our people economically poorly educated. They believe that the added interest, the total amount of the deposit increases. And it’s great. But Actually in soon virtually all income inflation eats. And because it is only a memory, that the contributions actually grow.
And the third. Belarus inhabitants have no other savings instruments. And because candidates deposits in banks, they just do not behold the ".

Tags: Romanchuk, deposits, bank

Like this post? Please share to your friends: