chilly07
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How the US rate hike impacts the baht and Thailand’s economy
chilly07 replied to webfact's topic in Thailand News
Never understood the link between interest rates inflation and fx? Interest rates been kept v low to promote consumerism. Interest rates raised to curtail consumerism and inflation. You would think that raising interest rates would encourage fx rates to rise but no it indicates panic and rates fall thus fuelling inflation. Seems to me that bankers and economists just like change for its own sake allowing profits on small margins! -
No mention of pension? I have a will that names my younger brother as executor and I have asked him to sort this out for my wife. Everything else is in her name.
