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To: AK2004 who wrote (62399)11/6/2001 4:26:02 PM
From: Joe NYCRead Replies (1) | Respond to of 275872
 
Albert,

you think that that you are joking but it did happened in a number of countries before. Negative interest rate, while very rare, is normal .....

I think this only applies return on deposits, not rate for loans.

Joe



To: AK2004 who wrote (62399)11/6/2001 4:52:02 PM
From: TenchusatsuRead Replies (2) | Respond to of 275872
 
Albert, <Negative interest rate, while very rare, is normal .....>

How does that work? Something like "Here's $100, just pay me back $10 for the next nine weeks"?

Tenchusatsu



To: AK2004 who wrote (62399)11/6/2001 5:24:49 PM
From: TimFRead Replies (1) | Respond to of 275872
 
Negative interest rate, while very rare, is
normal .....

Maybe negative real interest rates (interest rate below inflation) but not negative nominal rates.

Tim


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