by Summary:
They probably can point to the paper notes as Tier1/Tier1-Quality assets in order to comply with regulations... and avoid the negative rate payable on Reserve Assets instead... just have to pay for safe storage of the notes...German banks are stuffing vaults with money to help offset the mounting cost of negative interest rates, and some of them are running out of space https://t.co/wyJHoVdV95— Bloomberg Markets (@markets) January 31, 2020
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
They probably can point to the paper notes as Tier1/Tier1-Quality assets in order to comply with regulations... and avoid the negative rate payable on Reserve Assets instead... just have to pay for safe storage of the notes...German banks are stuffing vaults with money to help offset the mounting cost of negative interest rates, and some of them are running out of space https://t.co/wyJHoVdV95— Bloomberg Markets (@markets) January 31, 2020
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
They probably can point to the paper notes as Tier1/Tier1-Quality assets in order to comply with regulations... and avoid the negative rate payable on Reserve Assets instead... just have to pay for safe storage of the notes...
German banks are stuffing vaults with money to help offset the mounting cost of negative interest rates, and some of them are running out of space https://t.co/wyJHoVdV95
— Bloomberg Markets (@markets) January 31, 2020