Showing posts with label negative interest. Show all posts
Showing posts with label negative interest. Show all posts

Wednesday, October 28, 2015

People In Sweden Are Hiding Cash In Their Microwaves - Cashless Society - Negative Interest Rates

Sweden is shaping up to be the first country to plunge its citizens into a fascinating — and terrifying — economic experiment: negative interest rates in a cashless society.


The Swedish central bank held its benchmark interest rate at -0.35% today, the level it has been at since July. Read more at Business Insider Read More......