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I'm learning today that most people on hn don't know how central banks work and how interest rates are set
by space_rock 5y ago
I'm learning today that most people on hn don't know how central banks work and how interest rates are set
- naasking 5y agoI wasn't saying that's what's happening here, the OP just asked how banks "could possibly" charge negative interest on savings. In a world where a bank couldn't use the money you deposited, they would have to charge you in some way. Negative interest rates could be one way to do it. Simple answer to a simple question.