Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Dutch entrepreneurs avoiding negative interest by opening multiple bank accounts. Parent comment
Positive interest is compensation for delaying spending and a fee for staying in debt.
Negative interest is a fee for delaying spending and compensation for keeping others in debt.
It's not about "governments thinking", it's about maintaining the balance of supply and demand between debt and credit.
The fact that you desire to hold onto money at 0% just shows how profitable it is.
https://youtu.be/j5l_Oeg6kMo
There are no comments on this comment yet.
Positive interest is compensation for delaying spending and a fee for staying in debt.
Negative interest is a fee for delaying spending and compensation for keeping others in debt.
It's not about "governments thinking", it's about maintaining the balance of supply and demand between debt and credit.
The fact that you desire to hold onto money at 0% just shows how profitable it is.
https://youtu.be/j5l_Oeg6kMo