7 ms·
that's the thing, banks don't make enough money with loans if the interest rate is that low for such a long time. It's nothing very very wrong if banks do that
by arez 5y ago
that's the thing, banks don't make enough money with loans if the interest rate is that low for such a long time. It's nothing very very wrong if banks do that it's just an effect of keeping interest rates low.
I don't fully understand your dutch over the internet bank stablecoin comparison, but if you mean that people could flee into different currencies than this is not new at all, some years ago this happened already with the swiss franc. It's also not hidden because there're well enough economists talking about the implications, it's not as complex as you think and yes people with money in the bank are going to be expropriated but this happens anyway if you print more money.