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Consumerism

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All Posts Tagged Tag: Consumerism’

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Negative Interest Rates and Deflationary Banking

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May 2016 Ivan Obolensky Many readers have heard of negative interest rates, but few are familiar with them, understand what they mean, and know their ramifications going forward. How is it possible to have negative interest rates on a mortgage, or even a credit card? The bank would pay me money? How is that even possible? The short answer is …