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A comment on Dutch entrepreneurs avoiding negative interest by opening multiple bank accounts. Parent comment

Re:Dutch entrepreneurs avoiding negative interest by opening... by zo1 on Wednesday September 01, 2021 @12:50PM (#28382339)
Not OP, but I'd say, sure why not. Why does it have to be productive? It's arguably yet another paternalistic government intervention in the form of tweaking and twiddling with economic and regulatory knobs.
[ Parent | on HN ]
Re:Dutch entrepreneurs avoiding negative interest by opening... by Armisael16 on Wednesday September 01, 2021 @03:22PM (#28384447)
This is exactly the opposite of paternalistic government intervention. If the money can’t be put to productive use then the bank can’t profit from holding your money and they’d just as soon not have it. If you insist on giving it to them anyways they charge you for the privilege.
[ Parent | on HN ]