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Negative interest rates
Video Credit: Rumble
Published on July 9, 2024 - Duration: 00:33s
Negative interest rates
When interest rates are negative, lenders pay borrowers for holding debt.
This means that someone gets paid interest for holding a loan, such as a mortgage or personal loan.
As such, banks lose out while borrowers benefit.
Savers, on the other hand, lose out.
Countries with Negative Intrest Rates 2024