POPA ReconCheap mortgages, dead savings: the hidden logic of money in Singapore
Cheap mortgages, dead savings: the hidden logic of money in Singapore Singapore chooses a strong currency over interest rate control to ensure strong exchange rate and free capital movement Avoid keeping idle cash in standard bank accounts and instead look to lock in cheap borrowing or invest in assets like T-bills https://kennethbok.com/essays/cheap-mortgages-dead-savings
The excerpt is quoted from a public Telegram channel, which owns its text.