Login | Register

58 online

Most Popular Choices

13

Best Web OpEds 9/7/2015 at 4:20 AM EDT H3'ed 9/7/15

How Will Negative Interest Rates Change the Rules of the Game?

Quicklink Submitted By Scott Baker 5 comments

Author 24983

Managing Editor

Become a Fan
(79 fans)

Negative Interest Rates

Negative Interest Rates
(Image by LendingMemo) Details DMCA

Interest rates have turned negative in several EU countries. "JPMorgan Chase forbade some customers from storing cash in safe deposit boxes. Swiss banks refused to allow pension funds to withdraw large amounts of cash from their accounts. Danish legislators proposed a law allowing shops to refuse to accept cash payments. Australia imposed a 0.05% tax on some bank deposits. And France cut the legal limit on cash payments from 3,000 euros to 1,000 euros."

Read the rest of the story HERE:

At blogs.cfainstitute.org

3

2

1
Rate It | View Ratings

Scott Baker Social Media Pages:

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)

Related Topic(s): Banks; Debt Consumer; Debt Monetary System; Debt-free Currency; Economy Built On Debt; Euro; National Debt Interest, Add Tags

Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Contact Author

Contact Editor

Author Page

View Authors' Articles

OpEdNews ~~depends upon~~ can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.

To View Comments or Join the Conversation:

Congress Switchboard: 202-224-3121

To remove advertising from OpEd News, please become a premium member.

"Bottom-Up is a direct and logical look at how we live our lives, conduct our business, manage our societies, and, most importantly, communicate with each other. Author Rob Kall explains it all in plain English. But don't let the readability of this book fool you into thinking that it's not important. Kall cuts to the heart of the most critical issues in communication today. This book is as important as game theory. And people will take notice."

John Kiriakou, former CIA officer and author of The Reluctant Spy and Doing Time Like a Spy

Art Instruction for People
At All Skill Levels

Top Content
in the Last 2 Days
(by Page Views)

Making It In America Posted by Robert Borosage ( With membership, you can see # of pageviews)

In Defense of Higher Education: How To Address Genocidal Congress-members by Mike Rivage-Seul ( With membership, you can see # of pageviews)

5 Reasons Why What Congress Just Did Does Not Help Ukraine by David Swanson ( With membership, you can see # of pageviews)

How The New York Times and Academia Kept the Biggest Secret of the Pentagon Papers by Michael Morrissey ( With membership, you can see # of pageviews)

Netanyahu is determined to drag the US into war with Iran by Steven Sahiounie ( With membership, you can see # of pageviews)

Speech Czar by Peter Barus ( With membership, you can see # of pageviews)

The Editors of Commonweal on the Vatican's New 2024 Declaration (REVIEW ESSAY) by Thomas Farrell ( With membership, you can see # of pageviews)

Hey Press Corps: Do Your Job by Stephen Lyons ( With membership, you can see # of pageviews)

Sonnet: White Noise Puppets and Their Puppeteers by John Hawkins ( With membership, you can see # of pageviews)

How Unitary is the Muslim World? by Arshad M Khan ( With membership, you can see # of pageviews)

Me and Thich Nhat Hanh (open letter to my brother): by Gary Lindorff ( With membership, you can see # of pageviews)

When they land by Gary Lindorff ( With membership, you can see # of pageviews)

The House could use Hoyer's consensus model now to avoid repeated chaos by Robert Weiner ( With membership, you can see # of pageviews)

Just How Broken is Our Healthcare System? by Elayne Clift ( With membership, you can see # of pageviews)

Nuclear Arms Bros by Irene Fowler ( With membership, you can see # of pageviews)

On the Sheer Radicalness of the Moment of Conception Doctrine (REVIEW ESSAY) by Thomas Farrell ( With membership, you can see # of pageviews)

Holy Sonnet by John Hawkins ( With membership, you can see # of pageviews)

Early this morning Israel Attacked Iran as well as military airfields and radar sites in Syria and Iraq by Dave Lefcourt ( With membership, you can see # of pageviews)

The "Seven Magic Tricks." Hey, Don, How they Doin' for Ya Now?" by Steven Jonas ( With membership, you can see # of pageviews)

Tomgram: Engelhardt, A Story of the Decline and Fall of It All by Tom Engelhardt ( With membership, you can see # of pageviews)

End the 1917 Espionage Act by John Hawkins ( With membership, you can see # of pageviews)

In solidarity with Gaza. A Poem by Em Berry "Because of us" by Gary Lindorff ( With membership, you can see # of pageviews)

Tomgram: John Feffer, The Gang's All Here by Tom Engelhardt ( With membership, you can see # of pageviews)

How The New York Times and Academia Kept the Biggest Secret of the Pentagon Papers by Michael Morrissey ( With membership, you can see # of pageviews)

Are you an alcoholic? Take this test by Bob Gaydos ( With membership, you can see # of pageviews)

Go To Top 50 Most Popular

Ad info: click here

Classics of Liberal Thinking

Progressive Radio Links