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
(Hat tip: KimR)

0 comments:

Post a Comment