Re:A Black Hole Engulfing the World's Bond Markets
by why_only_15 on Sunday July 28, 2019 @01:03PM
(#20548560)
That doesn't really make sense, because if you have hundreds of millions of dollars you can just hold the money yourself.
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Re:A Black Hole Engulfing the World's Bond Markets
by Dylan16807 on Sunday July 28, 2019 @01:11PM
(#20548604)
Vaults cost money. Insurance costs money. And it's still not quite as safe. The ability to hold the money yourself acts as a soft cap on how negative rates can be, but that cap is not at 0%.