Neil Collins' Notebook

Neil Collins’ Notebook – Oh please, not negative interest rates

BY Neil Collins   /  16 October 2020

The Bank of England denies it, but we are being softened up for negative interest rates. This Alice-in-Wonderland concept, where savers pay someone else to look after their cash, betrays how desperate the bankers are to try and revive our crashed economy. It cannot be said too often that this really is a very bad idea.


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