[BuffaloJack]

Negative interest rates means your mattress is giving a better APR that you bank.

[Vigilanteman]

One reason Japan get away or got away with tiny or even negative interest rates is very low inflation.

In some cases, it is even deflation. For example, when we moved backed the USA in 2002, a liter of milk at the local Dai-Ei supermarket (similar to a Kroger's) was 128 yen. When I visited my daughter in Tokyo in March, the same liter was 92 yen at a mini-market type store which dominates her neighborhood.

[alexander_busek]

Since interest is considered taxable income by the IRS, can I - by the same token - deduct negative interest from my taxable income?

Anyone have any ideas?

Regards,

[Track9]

Buy guns and guitars. They always appreciate.

[I want the USA back]

Charging people for saving money. Paying people to borrow money.
Conclusion: economists are stupid and insane.

Will my credit card company pay me to run a balance?

[motor_racer]

Islam forbids lending at interest. Negative interest rates are part of the destruction of the banking system.

[tbw2]

They’re trying to fight the deflationary effect of massive debt loads and declining worker populations.

[oldtech]

A senior trying to live off Soc. Soc. & maybe a savings is now going to pay somebody to handle a savings?? I don’t think so. The same person is not likely to be buying anything on payments either. This is one of the craziest ideas I ever heard. Crazier yet is the notion that my banker says they’ve not heard about this. Time for a new banker?