I was reading everyone's favorite economic end of times blog (Zerohedge) that the Fed and company are discussing the possibility of negative interest rates.
Something in the realm of -.0025 or something of that nature.
I'm having trouble wrapping my head around such an event. How would this affect loans, bank deposits, and the like? Will we start getting paid to take out loans?
Something in the realm of -.0025 or something of that nature.
I'm having trouble wrapping my head around such an event. How would this affect loans, bank deposits, and the like? Will we start getting paid to take out loans?