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by imtringued
1797 days ago
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>This has less to do with banks being greedy and more to do with current fiscal policy. It has more to do with the state of the economy demanding low interest rates. When you bail out banks like in 2008 deposits are seen to be perfectly safe and thus depositors aren't deterred by increasingly shrinking or even negative interest rates, they still want that perfectly secure bank deposit because the government will bail it out. |
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