Quote:
Originally Posted by BlueStreak
Only if you're worried about paying out the interest. The only way to lower interest obligations would be to reduce the principal. Which by default would reduce working capital? Is that what you're saying?
Dave
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No bank would ever try to reduce their savings account balances. Having money allows them to lend money, which is how they make money. If you walked into your bank and told them they must reduce their savings because they couldn't possibly afford to pay all that interest, they'd look at you like you were mad.