How to pronounce “negative interest” in English

100 to 99 to 98 over time to get them to go take that money out of their account and spend it so right now in Japan theyhave negative interest rates in Europe in the European Central Bank area Euro Zone negative Switzerland negative uhlowest negative Sweden negative interest rates Denmark Denmark um so all those countries currently have negative

have negative interest rates in Europe in the European Central Bank area Euro Zone negative Switzerland negative uhlowest negative Sweden negative interest rates Denmark Denmark um so all those countries currently have negativeinterest rates at the central banks so what that means is if you deposit money at the central bank which banks do we

on bank accounts people would say uh I you know I'd rather just hold currency and I get zero interest rates so itbasically limits somewhat going having negative interest rates on bank accounts and on and other things why would you want to have negative interest rateswell basically the same argument if I want to get if we're in a recession or a depression I want to get people to spend

So really quick. Internalizing external costs.Creating a money system based on negative interest, decaying money.No longer creating interest-bearing debt.

wouldn't you just like to hold cash you know you get an interest rate of zero and I I asked my students maybe can youexplain how can we get a negative interest rate somepeople have enough to right that's that's what it is I mean that's the

were to buy a 10-year bond in Japan or in well not Japan now because it has changed but in Germany and a lot ofthese countries a 10-year bond was uh paying negative interest rates something that honestly I never thought would happen in my lifetime a 10-year bondwith a negative rate so in other words they're paying you to to uh to borrow uh uh you know they're paying you to borrow

But on the other hand, it's creating connections again.And then the massive bailouts can be done with negative interest currency.

So OK, so this is probably worth getting into a little more detail.using Japan's zero interest rates, or negative interest rates.

you you have one in in in your uh in your home um you don't uh you you get no interest on it that's normally you knowthat's a problem but if you if the FED said let's have negative interest rateson bank accounts people would say uh I you know I'd rather just hold currency and I get zero interest rates so it

when it was it was in 1938 in the Great Depression and I found newspaper searching on newspaper articles from 38explaining how how it can be that people will invest at a negative interest rate it hasn't happened again until just nowyeah yeah while I think so yeah that's right it it basically comes down to some sort

well basically the same argument if I want to get if we're in a recession or a depression I want to get people to spendthere's nothing like telling them that the value of their bank account is going down over time a negative interest rate basically means your account goes from100 to 99 to 98 over time to get them to go take that money out of their account and spend it so right now in Japan they

And then I see this new article, the cover of "BusinessWeek." They had all the sophisticated reasons why the market was going to stay down for the next few years.Well, first of all, there's $10 trillion in negative interest rates today.

And then I see this new article, the cover of "BusinessWeek." They had all the sophisticated reasons why the market was going to stay down for the next few years.We've never had that in the history of the world, negative interest rates.

interest rates at the central banks so what that means is if you deposit money at the central bank which banks do wecurrently have about $2.5 trillion dollar uh deposit at the fed from uh banks in the US you get in those countries you get a negative interestrate anywhere between negative 10 basis points and negative 75 basis points depending on the country um the consumers are not facing negative