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The article explicitly says that negative rates are not being passed on to the banks' customers right now, and then goes on to speculate that it will in the fut
by cissou 11y ago
The article explicitly says that negative rates are not being passed on to the banks' customers right now, and then goes on to speculate that it will in the future.
Deflation means that 1 unit of currency will be worth more tomorrow than it is today, hence it is explicitly rewarding keeping money instead of investing it.
- Mithaldu 11y ago> not being passed on to the banks' customers right now So who is paying them now? And once they get passed on, the scenario will look like what i described, no? I also do not understand why you bring up deflation.