: Sooooooo, the government taxes interest. Are they gonna pay
: back what the banks steal from people via negative interest
: rates? Are people gonna be so stupid as to leave money in
: banks after they charge to keep your money back when in the
: 1970s they were like paying 5.25% interest, or something
: and S & L's were paying 5.5%?????????
: I think it's time to kill the banking system. This is in part
: the fault of the people who use it to feed it. In my whole
: life, I paid less than $19.00 to the banking system in
: interest for a student loan that was slightly late.
Negative interest rates mean that your savings account dwindles. The banks take the monthly interest instead of giving it to you to grow your account. Which means BANK RUN! But.. IFF you can't take that much money out of the bank, and they can keep it for 6 months, they are taking that interest out of your account, to pay their bills to the central bank, that has created debits from nothing, so.. in all rational human enterprises they are stealing from you which could be prosecuted in any court in the free world.. except for the banks by law instituted to enslave and steal from us. Clear as mud?