On Tue, Oct 06, 2015 at 06:37:10AM +0000, Zenaan Harkness wrote:
Switzerland central bank's rate is _negative_ AFAICT.
I sure wish *I* could borrow $100million and have them pay me interest for the privilege of having lent me money.
Who -gets- these rates? Just other banks I presume...
https://en.wikipedia.org/wiki/Real_interest_rate#Negative_real_interest_rate... If there is a negative real interest rate, it means that the inflation rate is greater than the nominal interest rate. If the Federal funds rate is 2% and the inflation rate is 10%, then the borrower would gain 7.27% of every dollar borrowed per year. https://en.wikipedia.org/wiki/National_debt_of_the_United_States#Negative_re... Since 2010, the U.S. Treasury has been obtaining negative real interest rates on government debt, meaning the inflation rate is greater than the interest rate paid on the debt.[29]