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Negative interest currently only applies to a few banks and governments. The goal of the central banks here is to get people to spend/invest their money instea
by mdemare 11y ago
Negative interest currently only applies to a few banks and governments.
The goal of the central banks here is to get people to spend/invest their money instead of saving it.
- fche 11y agoSee also https://www.youtube.com/watch?v=JUvm9UgJBtg https://www.youtube.com/watch?v=JUvm9UgJBtg
- jrs235 11y ago"The goal of the central banks here is to get people to spend/invest their money instead of saving it." Because otherwise who will pamper and serve the central bankers and politicians if we're allowed to live free off our savings?