Tuesday, December 17, 2013

Negative Interest Rates

It would be in your interest to learn what this means:

http://www.answers.com/topic/negative-interest-rate

Also here, where it says people will hold cash instead of keeping their money in the bank at negative interest rates:

http://en.wikipedia.org/wiki/Interest_rate#Negative_interest_rates

Problem is, what happens when cash doesn`t exist any more?

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