Home › Forums › Events & Emergencies › Economic Crisis › Negative interest rates could be needed for a 'V' recovery, Fed economist says › Reply To: Negative interest rates could be needed for a 'V' recovery, Fed economist says
June 3, 2020 at 9:07 am
#29210
Banks in Germany have had negative rates for year now…. spend your cash os something solid because destruction of dollar value and collapse with hyperinflation is around the corner. Basically it’s already there you get fee charged so any money in bank gets depleted each month instead of any positive accumulation from interest. If you add the true or even false inflation rate you are basically losing cash by keeping it in bank.
