Mortgage Rates

What Would Negative Interest Rates Mean For Consumers And The Economy?





President Donald Trump is a big fan of low interest rates. In fact, he’s called on the U.S. Federal Reserve to take rates into negative territory, just like Germany or Japan. In theory, the banks would pay you to borrow money. But savers would also have to pay a bank to keep their money there. So why would President Trump or a central bank want negative rates?

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What Would Negative Interest Rates Mean For Consumers And The Economy?

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29 comments

  1. The only way negative interest rates can work is if we have a pandemic that causes businesses to refuse to deal in cash and only accept electronic payments.

    Reply
  2. We do pay the bank to keep our money there…. I pay more fees every month than I have actual money in the bank lol

    Reply
  3. I think that the economy should be arranged so that as soon as the economy starts back up again after the coronavirus everything starts raising again and not struggling to breath

    Reply
  4. Boris Johnson announces a 3-week lockdown of the UK
    A Ministerial Broadcast By Prime Minister Boris Johnson MP |
    Monday 23rd March 2020



    Television Moments

    Reply
  5. "Sudden loss of sense of smell, could indicate hidden carriers of COVID-19 Corona Virus"
    – UK rhinologists by Dr. Claire Hopkins of the British Rhinological Society and Dr. Nirmal Kumar of ENT UK.

    Loss of smell could be symptom of COVID-19
    https://www.washingtontimes.com/news/2020/mar/23/loss-smell-could-be-symptom-covid-19/

    See also:
    Even The Young & Healthy Are Getting The Coronavirus



    Peak Prosperity
    331K subscribers

    Reply
  6. The whole central banking system is a scam and steals/counterfeits money through inflation.

    Reply
  7. wait does this mean like I could borrow $100 and only have to pay back &80? sign me up lmaooo this situation blowwwwwws.

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  8. he said he's for 0 not negetive negetive is what the corrupt dem's and lib's are looking for big differance trump 2020 and a leader for life

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  9. I hate negative interest rates. I'm not going to pay a bank to hold my money. That's an insane waste of money, in my opinion. What a scam!

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  10. no discussion of the deficit :/

    Reply
  11. Acting like the Fed is a darling of high interest rates ahahahaaaaa

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  12. Im from future and rates are almost zero

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  13. this is cnbc only believe half of what you hear

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  14. When the banks start charging me to keep my money, I'll simply withdraw it from the banks.

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  15. 6:12 So essentially, the US convinced Europe to adopt negative interest rates to prop up the US dollar. Yet another goofy scheme to prolong the inevitable collapse. When will these psychopaths learn: the longer you wait to kick a habit, the harder it will be. Oh thats right, they won't learn… until we teach them.

    Reply
  16. The Joker – "and here we go"

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  17. I'm taking my money out…. All $50 of it

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  18. Zero now, what’s next?

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  19. Why would we NOT want to have banks pay us to hold our money?! That they use to invest and line their pockets with money they dont actually have. They SHOULD BE PAYING US!

    Reply
  20. Nov 2019 "We're one recession away" March 2020: Recession activate

    Reply
  21. Encouraging everyone to go in dept has been the American Way for Years…….Paul

    Reply
  22. Wall Mart does not accept Gold or silver…………Paul

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  23. We have 0 interest rate now.

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  24. No matter the Fed policy governments overspend creating even more inflation.

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  25. Negative interest is what I get on my savings acct.

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  26. The federal reserve raises or cuts rates depending on what is best. Trump doesn't change rates in any way. I would trust the federal reserve LONG before any clown that CBS or MSNBC has on as a guest.

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  27. We already pay the banks to keep my money in them it’s called service fees. And we pay interest on top of that.

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  28. But the banks aren't holding your money. You have no legal right to it, as the banks consider your deposits to be their assets.

    MONEY IN YOUR BANK ACCT BELONGS TO
    THE BANKS

    BREAKING DOWN 'Bank Deposits' 
    http://www.investopedia.com/terms/b/bank-deposits.asp

    The deposit itself is a liability owed by the bank to the depositor, and the word refers to this liability rather than to the actual funds that have been
    deposited. When someone opens a bank account and makes a cash deposit, he
    surrenders legal title to the cash, and it becomes an asset of the bank. In
    turn, the account is a liability to the bank.

    I still don't understand. One pays interest to a bank to borrow the bank's "funny money". I guess this would be POSITIVE interest. Therefore, in NEGATIVE interest, the bank would pay the lender for borrowing money. But this is explained by one paying the bank to hold his money. Yet it isn't his money since he has no legal right to it.

    Reply
  29. I would just buy gold and other valuables. plus the stock market.

    Reply

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