Relevant:
- Deutsche Bank: Low Interest Rates Actually Hurt Consumers
- It Begins: Palace Revolt against ECB's NIRP
- Are Negative Rates Backfiring? Here's Some Early Evidence
- The Global Run On Physical Cash Has Begun: Why It Pays To Panic First
- Martin Hutchinson - Negative Interest Rates: The death spiral of capitalism
2017-09-06 — marketwatch.com
``In theory, low- and negative interest rates were supposed to reduce savings and stimulate spending. In practice, the opposite has happened: The savings rate has gone up. As interest rates on their deposits declined, consumers felt that now they had to save more to earn the same income. Go figure.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.