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submitted 1 year ago by Grayox@lemmy.ml to c/memes@lemmy.ml
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[-] Yawnder@lemmy.zip 0 points 1 year ago

No they don't. If you borrow at a variable rate, the rate will track with the reference rate (that the government changes, not the banks) both up and down.

this post was submitted on 01 Nov 2023
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