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OT: Bank Bail-Ins, Neg. % Rates, and Outlawing Cash

ph17taffy

Alumni
Gold Member
Jun 19, 2010
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OK, I am not going to discuss these three concepts. But, for anyone who does know what they refer to in today's economic climate/times, is there anyone who has any thoughts on the following as far as banks are concerned, and these things occurring in the not to distant future, knowing that in Europe there are already negative interest rates in some European countries.
The economic concepts are:
1) Negative interest rates
2) Bank bail-ins, if they become necessary
3) Doing away with cash altogether.
All of these have been discussed recently and very recently there has been quite a bit of commentary re: doing away with cash altogether.
Interested in hearing anyone's thoughts.
 
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