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It seems mind boggling that you'd punish people for being fiscally responsible and living within their means. There are so many people today living paycheck to
by flukus 7y ago
It seems mind boggling that you'd punish people for being fiscally responsible and living within their means. There are so many people today living paycheck to paycheck and who could be ruined by a minor financial shock, negative interest would encourage this behavior. In this scenario wouldn't you also be better off hoarding cash instead of putting money in a bank?
- andrenth 7y agoThe next step would be to abolish cash, only allowing digital transactions.
- candiodari 7y agoAnd once again people fail to mention that digital transactions are taxed. Taxed more, relatively speaking, if you're poor.