[Toughluck_freeper]

The banks are frustrated by the lower limit on interest rates.. Zero.
The way to get around it is to eliminate cash, which will allow them to have ‘negative rates’, which is to charge you for keeping money at their bank.

I hope Norwegians are not so foolish as to fall for that.

Well, who knows, they were stupid enough to fall for the story of the benefits of Muslim immigration.

[St_Thomas_Aquinas]

The banks are frustrated by the lower limit on interest rates.. Zero. The way to get around it is to eliminate cash, which will allow them to have 'negative rates', which is to charge you for keeping money at their bank.

Makes sense. Also, in a high tax country there is a lot of work being done off the books. People will have to resort to barter, which is much more difficult. Maybe some form of informal currency will arise, or people will use bitcoin.