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Fed want consider negative interest rates?

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#1 by sweetpie3000 » Thu Feb 11, 2016 11:16

What is going on with negative interest rates? The bank is going steal my money from my bank account.
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#2 by Charez » Thu Feb 11, 2016 12:09

Look good :clap:
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#3 by sweetpie3000 » Thu Feb 11, 2016 12:18

Does French have negative interest rates.
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#4 by Charez » Thu Feb 11, 2016 12:22

Not exist
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#5 by zegon » Thu Feb 11, 2016 16:18

In Sweden we have negative interest rates for more than a year now and today they lower it from -0,35 % to -0,50 %

And they not take any Money from you'r bank account, not yet anyway, the Bank still pay for it, but the Bank don't give me any interest anymore on my bank account, so we can say that i don't earn on it... =Bc)
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#6 by sweetpie3000 » Thu Feb 11, 2016 16:40

zegon wrote: In Sweden we have negative interest rates for more than a year now and today they lower it from -0,35 % to -0,50 %

And they not take any Money from you'r bank account, not yet anyway, the Bank still pay for it, but the Bank don't give me any interest anymore on my bank account, so we can say that i don't earn on it... =Bc)

So they didn't steal your money yet? What's the points having a bank account. Since you are not going earn any interest rates? You are better off keep your money under the pillow.
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#7 by zegon » Thu Feb 11, 2016 17:03

davidbugs wrote:
zegon wrote: In Sweden we have negative interest rates for more than a year now and today they lower it from -0,35 % to -0,50 %

And they not take any Money from you'r bank account, not yet anyway, the Bank still pay for it, but the Bank don't give me any interest anymore on my bank account, so we can say that i don't earn on it... =Bc)

So they didn't steal your money yet? What's the points having a bank account. Since you are not going earn any interest rates? You are better off keep your money under the pillow.

No the Bank do not take any Money from my Bank account, yet...

They also say that we mabye need 2 have a negative interest 4 one more year.

It's more easy 2 pay bills and so on with my internet Bank account and i don't have any money 2 buy a pillow, i have 2 click on more ads 4 that... =BC)
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#8 by tasman1 » Sat Feb 13, 2016 01:28

it is in few places and it will be norm in the world . WHY ? Fake printed money , fake jobs , fake economy etc . Prepare for ...MOTHER OF ALL DEPRESSION ...Debt can not be repaid ever , Example , just one ... if Australia can have the best economy ever for every year it will take a 1000 years to repay debt . Same situation is all around world. TRILLIONS IN DEBTS
Last edited by tasman1 » Sat Feb 13, 2016 01:32 » edited 1 time in total
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#9 by valerie » Sat Feb 13, 2016 09:02

Simple solution if you're worried about it.....dont use banks.
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#10 by FluffyBug » Sat Feb 13, 2016 11:16

Most of the negative interest rates is for big banks dealing between themselves, So negative interest rates is an attempt to force banks to loan more to businesses, mortgages etc etc.

Japan has negative interest rates at -0.25% but it does not effect normal people just the money grabbing banks and big businesses.
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#11 by proadco » Sat Feb 13, 2016 11:18

Not safe to leave huge amounts of money in the bank.


Banks believe when you make deposits in their bank,

Your money now belong to the bank, and your money is now their money.
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#12 by FluffyBug » Sat Feb 13, 2016 11:39

Cant speak for Murica but in UK my bank account is covered up to £75,000 so if bank goes out of business My money is safe, if you have more than £75,000 kicking around open different accounts with other banks up to £75,000 (actually im not sure about that part you may only get £75,000 protected).
Last edited by FluffyBug » Sat Feb 13, 2016 11:42 » edited 1 time in total
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#13 by valerie » Sat Feb 13, 2016 13:10

I guess it all depends on how much money you
have and how much money you don't mind losing.

I've always believed the best and closest to no risk
investment is in real estate and primarily in land.

That's what I did.

Banks can fail. Insurance companies can go under.
Stock markets can crash.

Think in terms of what you can't lose and what will
most probable go up in price over time.
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#14 by sweetpie3000 » Sat Feb 13, 2016 16:18

valerie wrote: I guess it all depends on how much money you
have and how much money you don't mind losing.

I've always believed the best and closest to no risk
investment is in real estate and primarily in land.

That's what I did.

Banks can fail. Insurance companies can go under.
Stock markets can crash.

Think in terms of what you can't lose and what will
most probable go up in price over time.


Real estates can go under when nobody can afford to buy a house. and building This wy china go under due real estates.
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#15 by BouldRake » Sat Feb 13, 2016 16:26

True wealth lies not in money, but in what it affords you.
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#16 by tasman1 » Sat Feb 13, 2016 17:01

The most basic theoretical argument for negative rates is that if you make it so unattractive for banks to park money at the central bank they would do something else with it. Like lend it.
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#17 by ThelmaLou » Sat Feb 13, 2016 18:52

I didn't know they were considering that here. :shock:
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#18 by valerie » Sat Feb 13, 2016 23:03

When you have land, you have prosperity, whether anyone wants it or not.
Think about it.
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#19 by Charez » Sun Feb 14, 2016 17:28

In case of invasion in your country, you can lose your land too :D
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#20 by sweetpie3000 » Sun Feb 14, 2016 18:16

Since the USA own the majority debt from China. Your real estates will be take over by Chinese investor. Since USA have to pay debt.

You actually doesn't own the land if you don't pay yearly taxes.
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