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Yes, costs are low, but so is the potential revenue from loans right now. I never said anything about storing bills or coins.
by mikeash 7y ago
Yes, costs are low, but so is the potential revenue from loans right now.
I never said anything about storing bills or coins.
- JumpCrisscross 7y ago> so is the potential revenue from loans right now Broader interest rates are low, too. The revenue potential for banks is limited. Particularly European ones. European banks have failed to compete for investment opportunities. Negative rates push that onus back onto savers.