2619
Fed Cuts Main Interest Rate to Near Zero, to Boost Assets by $700 Billion (www.foxbusiness.com)
posted ago by FuckU/Spez ago by FuckU/Spez +2619 / -0
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– VaPnut 10 points ago +11 / -1

For the average working American it will mean paying a fee to keep your money in a bank including a fee for direct deposits. Mark my words

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– deleted 7 points ago +7 / -0
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– Snypr18 6 points ago +6 / -0

Negative rates will mean you are essentially paying banks to keep your money in them.

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▲ 3 ▼
– deleted 3 points ago +3 / -0
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– Snypr18 2 points ago +2 / -0

Not sure. Definitely not how its been working these days, though.

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