A bank may not be the best place for your money. Since the financial crisis, the world's understanding of economics has been undergoing a lot of rapid change. Ideas that would have been considered crazy just a decade ago are now seen as much more likely. One of those ideas is that central banks could bring in negative interest rates. ... MOREMike Bird: This Is How A Central Bank Could Kill Off Cash And Bring In Negative Interest Rates On Your Savings
A bank may not be the best place for your money. Since the financial crisis, the world's understanding of economics has been undergoing a lot of rapid change. Ideas that would have been considered crazy just a decade ago are now seen as much more likely. One of those ideas is that central banks could bring in negative interest rates. ... MORE