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Bitcoin Discussion
Re: Banks are offering Negative interest rates! will this help BTC
by
potificate
on
29/09/2019, 17:32:12 UTC
Quote from: philipma1957 on August 24, 2019, 02:33:35 PM
I pulled/quoted some of the article under the link
https://www.yahoo.com/finance/news/negative-interest-rates-japan-germany-france-150324580.html
"What if I said I wanted to borrow $100 from you and pay you back $99 five years later? Would you do it?
Parents do it all the time... "I'll 'lend' my son Jimmy the money to help him out." Of course many times, that is a 100% negative interest rate ;-)