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[–] 20357691? 0 points 5 points (+5|-0) ago 

The people that reply to Trump tweets negatively are major idiots.

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[–] 20359245? ago 

Or bots. I pulled this one at random https://mobile.twitter.com/burrloin

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[–] 20357765? 1 point 0 points (+1|-1) ago 

So let’s say we go to negative interest rates. How many people would the. Close their savings accounts at their bank? I know I would. Not a chance in hell I’m paying the bankers to hold my money, loan it out and profit from it.

Alternatives are: cash under your mattress; invest everything in the market; park money in another store of value (gold, crypto, etc). None of these sound appealing for a stable place to store money to pay monthly bills.

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[–] 20358377? ago 

Put it in a local credit union. It gets loaned back out to local people & businesses. They also have better rates than big banks.

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[–] 20363762? 0 points 1 point (+1|-0) ago 

These are the interest rates for the fed to the government for the job of printing our money. It has nothing to do with the bank you use and what they offer for savings accounts. You give your money to then and they can loan out 10x the money you gave them. Fractional reserve banking is still in the works