Quote:
Originally Posted by AngelinIsRich08
Did you hear that the Bank of New York is charging people who hold a certain amount of cash in their bank to have to pay to keep it there? That's ridiculous, first of all you're not earning any interest whatsoever and then you have to pay to have them hold your money. But food prices could go up even more, ATM's will still have cash and hopefully you can keep your job. The unemployment numbers are so falsified right now because they aren't taking into account the people that have quit looking for work and those that are underemployed.
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That's what happens when interest rates are held at historically low levels. People are so afraid to invest their money that they are literally willing to pay to put their money somewhere safe.