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Reply to "Why Most Companies Exist On A Knife's Edge"

jtdavis posted:

3% inflation and 1/2% interest on CD's. You lose each year. 3% inflation and losing it all to a debt ridden, mismanaged company leaves what? My biggest question is, how did so many people that dumb get so much money that they had to throw it away? At all levels, good money seems to be thrown at bad in hopes of hitting it big.

Jt, if you don't like that that big 0.5% interest you're getting, I bet you'd love paying the bank to hold your money! That's what you get with Democratic (Yeah, right!) Socialist policies.

"A negative interest rate means the central bank and perhaps private banks will charge negative interest: instead of receiving money on deposits, depositors must pay regularly to keep their money with the bank. This is intended to incentivize banks to lend money more freely and businesses and individuals to invest, lend, and spend money rather than pay a fee to keep it safe."

http://www.investopedia.com/te...rate-policy-nirp.asp


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