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)
Wednesday, October 28, 2015
People In Sweden Are Hiding Cash In Their Microwaves - Cashless Society - Negative Interest Rates
Labels:
cashless society,
negative interest,
Sweden
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