Do you want a deposit or bitcoins?

This text belongs to the Bolsillo newsletter, a summary of the week's most notable news that is sent every Sunday.

Oliver Thansan
Oliver Thansan
09 December 2023 Saturday 09:30
13 Reads
Do you want a deposit or bitcoins?

This text belongs to the Bolsillo newsletter, a summary of the week's most notable news that is sent every Sunday. If you want to receive it in your email, sign up here.

Risk divides people as they seek profitability. And there are situations as diverse as the coexistence of skyrocketing demand for deposits, a safe option, while the same thing happens in the crypto world, subscribed to volatility. The world remains the same in real estate, with prices skyrocketing despite the fact that transactions have slowed down due to the pull of the Euribor.

Safe savings. The deposits are gradually increasing their remuneration. Customer interest causes entities to raise more money than in five years, a time in which low rates have penalized these safer options. The average payment is already around 2.45%. The cross is put by the offices. In small towns there are fewer and fewer, which forces us to resort to alternatives such as buses. But it seems that he doesn't quite like it...

Crypto boom. Of course, to bitcoin. The cryptocurrency is experiencing a new streak that makes it the most profitable asset of the year. A new boom that should not make us forget the sharp falls of the past and its volatility. "If I were the government, I would close the cryptocurrency industry," Jamie Dimon, one of its biggest detractors, launched this week. The sector defends that the value rises due to the possible entry of new major players. For now, some will use it as a hook to keep the crypto sects alive (Podcast).

Shot floors. Where things don't stop is in real estate. New home prices are rising like they have not done in 16 years despite the fact that the Euribor has cooled the mortgage market. Meanwhile, public administrations cut their investment in housing, so the pressure increases. More than one already sees themselves out of the market, although they have to do the math and calculate whether it is more profitable to buy or rent.

Happy retirees. The rise in pensions continues to steal the spotlight. It will be 3.8% in January and will consolidate Basque retirees as the best paid in the entire country. Why it happens? The industrial factor and more stable careers are the big arguments. Still in the labor market, many other Spaniards want to retire in 2024, a year in which several factors will have to be taken into account when taking the step.

The Catalans smile. The Generalitat will reduce personal income tax for three out of every four taxpayers with its proposal to reduce regional taxation. What will be the savings? The amount and scope of the rental deduction is also expanded. On the other hand, tolls are going up...

Where they know something about taxes is in France. At least the smokers. In Gallic lands, tobacco ruins you before it kills you. The pack comfortably exceeds 10 euros due to the tax pressure and will continue to rise. Another reason to quit.