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> This is exactly why I'm against both negative bank interest rates, and high inflation. Use it however you wish. But having it sit around, even with positive
by throw0101a 6y ago
> This is exactly why I'm against both negative bank interest rates, and high inflation.
Use it however you wish. But having it sit around, even with positive bank interest rates and low inflation, will still have it lose value over time. If you have a savings goal, then for any period beyond 5-10 years you'll have to invest it.
And negative rates are not unreasonable:
* https://www.bloomberg.com/news/articles/2019-08-08/the-non-weirdness-of-negative-interest-rates https://www.bloomberg.com/news/articles/2019-08-08/the-non-w...
* https://archive.is/zlyRi https://archive.is/zlyRi