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by miahi
1989 days ago
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It's not wrong when the interest for saving money is actually negative. This happens in Denmark > In Denmark, negative deposit rates are no longer an exotic phenomenon reserved for the largest corporations. Panel B of Figure 3 shows that in February 2020, three quarters of non-financial corporates' deposits were subject to negative interest. The percentage is even higher for non-bank financial firms https://voxeu.org/article/negative-interest-rates-danish-exp... |
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