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Negative Rates for the People—– German Bank Surrenders to Draghi’s NIRP
08-15-2016, 07:35 AM,
#1
Negative Rates for the People—– German Bank Surrenders to Draghi’s NIRP
Negative Rates for the People—– German Bank Surrenders to Draghi’s NIRP

A small German bank just went negative on RETAIL bank deposit rates as opposed to corporate (business) deposit rates. (Bloomberg) —  When the European Central Bank introduced a negative interest rate on lenders’ deposits two years ago, few thought things would ever go this far. (Except for me, of course.) This week, a German cooperative […]<img alt="" border="0" src="https://pixel.wp.com/b.gif?host=anthonybsanders.wordpress.com&blog=31838139&post=1435&subd=anthonybsanders&ref=&feed=1" width="1" height="1"/>


http://davidstockmanscontracorner.com/ne...ghis-nirp/
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