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Negative Interest Rates (Negative Interest Rate Policy or NIRP Implications) Explained in One Minute

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One Minute Economics

The Negative Interest Rate Policies (also known as NIRP) adopted by certain central banks such as the European Central Bank or the Bank of Japan will eventually have a very predictable outcome if the current trend persists: the average depositor will no longer receive returns and, instead, will have to actually pay the bank.

Has this happened before?

What are the implications?

Let's find out :)

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posted by concluzienn