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It is possible for interest rates to be negative. Not that I'm recommending that to happen!
by azhenley 7y ago
It is possible for interest rates to be negative. Not that I'm recommending that to happen!
- Insanity 7y agoSomething that actually happened in Sweden! Although it seems like it's not like that anymore: https://www.thelocal.se/20191219/sweden-abandons-negative-interest-rate-after-almost-five-years https://www.thelocal.se/20191219/sweden-abandons-negative-in...
- sschueller 7y agoIt's still negative but less than others: https://en.wikipedia.org/wiki/List_of_countries_by_central_bank_interest_rates https://en.wikipedia.org/wiki/List_of_countries_by_central_b...
- frandroid 7y agoInterest rates have been negative on deposits at the European Central Bank since 2014 ... The rate currently sits at -0.50%
- 0xcafecafe 7y agoReal rates are (and have been) negative. :/