What Happens When Interest Rates Are Negative?

Daniel May
Nov 1 · 5 min read
Photo by NeONBRAND on Unsplash

Can you imagine paying your bank interest to keep your money? Or buying a home and taking out a mortgage and paying no interest, or even paying less than you actually owe? This is the reality in several countries in Europe, including Germany and Switzerland, that have negative interest rates as low as -0.75%. Japan has also gone negative at -0.10%. Interest rates in the U.S. have always been positive, but are…

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Daniel May

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Helping you make the most out of your two scarcest resources, Time & Money. Writing here and at https://timeandmoney.substack.com.

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