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A comment on Federal Reserve slashes interest rates to zero. Parent comment

Re:Federal Reserve slashes interest rates to zero by csense on Sunday March 15, 2020 @06:52PM (#22587574)
So people are willing to accept small negative rates if it would be less than the operational costs of shipping enormous truckloads of bills around, storing them, securing them, and insuring them against theft / fire? Is that's what's going on here?
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Re:Federal Reserve slashes interest rates to zero by dcftoapv on Sunday March 15, 2020 @06:58PM (#22587635)
That's kind of the thought, yes. Negative rates should not be sustainable for any significant period of time and most interest rate models are built on that assumption.
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Re:Federal Reserve slashes interest rates to zero by dcftoapv on Sunday March 15, 2020 @10:26PM (#22589167)
Sorry, I want to clarify quickly that appleiigs is right that it isn't cost of insuring cash so much as depository risk. When I say cash, I mean currency as opposed to debt/equity, not physical bills.
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Re:Federal Reserve slashes interest rates to zero by xiphias2 on Sunday March 15, 2020 @07:09PM (#22587737)
Can you even get a significant amount of money in truckloads of bills? If you would try it, you'd be surprised how much the banks would push against it.
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