Anonymous
Anonymous asked in Business & FinanceInvesting · 1 month ago

what are "Negative Interest Rates"? is that where the Banks PAY YOU to loan money from them?

Update:

why would they do that?

5 Answers

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  • Anonymous
    1 month ago
    Favorite Answer

    No. That is when you pay banks to hold your money.

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  • kswck2
    Lv 7
    1 month ago

    It doesn't happen to the average investor. It is more for that bigger banks and the relationship they have with the Fed. Don't worry about it. 

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  • Amy
    Lv 7
    1 month ago

    It's where the banks pay the government to hold their money overnight which they are legally required to do.

    The negative rate does not apply to ordinary consumers.

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  • Judy
    Lv 7
    1 month ago

    No, that doesn't happen. But you might have to pay the bank for keeping your money there for you, keeping it safe.

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  • Anonymous
    1 month ago

    No, only Israel has mastered money manipulation to that level. You can put your money into a CD or a bond, and you'll get a small amount of interest if you leave the money alone. If you don't, you'll be fined out the wazoo. Either way, usury is evil. Don't get loans.

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