Negative Interest Rates

Source: Zerohedge.com
I am not sure how widespread this is, it may just be anecdotal. But it is absurd to think of a scenario where people who borrow money get paid and people who save money have to pay a penalty. It is beyond bizarre, it is an inversion of the basics ideas we were all taught about savings and investment versus consumption. Apparently, the tables have turned.
 •  0 comments  •  flag
Share on Twitter
Published on March 03, 2015 06:57
No comments have been added yet.