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To: central_va

Negative interest rate.

Let’s say the i terest rate is -3% and you have $10,000.00 in your savings account. They will deduct the 3% devided by 12 months from your account every month.

Right they subtract money from your account.

The government does this to try and force people to spend money.


11 posted on 03/06/2016 6:44:41 PM PST by stockpirate (We must burn down the republican party, to save it for “We the People” (Palin Trump is the 1st wav)
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To: stockpirate

Or force it into the stock market.


12 posted on 03/06/2016 6:45:40 PM PST by RegulatorCountry
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To: stockpirate

How is it mortgage rates are stuck in mid 3%?


13 posted on 03/06/2016 6:47:11 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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