This is so weird-A economical thread

mapuc · 02-05-15, 02:05 PM

First of all I'm not any expert on national economy

The Danish Krone-the countries currency is under pressure and National Bank has to maintain the exchange rate in particular lowered interest rates several times. Now, the it's negative -075%

Among others more homeowners who have taken an F1 or F3 loans the past few years, money from the bank instead of having to pay interest on its loans.

A news report showed an example where a householder had taken an F1 loan of 1.7 million for approximately 1 year ago. This gets each month money from his bank for this loan.

This bank and other banks have set its various loan types on standby

Markus

Jimbuna · 02-05-15, 02:58 PM

A negative interest rate on loans?

Dowly · 02-05-15, 03:08 PM

Paging Dr. Skybird

Oberon · 02-05-15, 03:11 PM

Deploying Skybirdian economics in

Dowly · 02-05-15, 03:24 PM

mapuc · 02-05-15, 03:28 PM

http://www.dailykos.com/story/2015/0...ved-In-Denmark

http://www.bloombergview.com/quickta...interest-rates

Markus

Oberon · 02-05-15, 03:49 PM

Anyway, before this thread heads to familiar shore I'll throw my two...krone, in.

I can see why they're doing it, but I don't think that it'll work the way they want it to. Already the commercial banks aren't passing on that negative rate to customers for fear of driving them away, so anything that might disrupt the commercial banking sector, even if it's for the good of the economy of the country they're based in, will be resisted by the banks with all their strength.

Then again, the modern economical model defies all attempts to rationalise it, there's loopholes and unexpected feedback loops all over the shop.

Here's another article for those interested:
http://www.vox.com/2015/2/5/7981461/...t-rates-europe

02-05-15, 02:05 PM	#1
mapuc CINC Pacific Fleet Join Date: Sep 2003 Location: Denmark Posts: 20,541 Downloads: 37 Uploads: 0	This is so weird-A economical thread First of all I'm not any expert on national economy The Danish Krone-the countries currency is under pressure and National Bank has to maintain the exchange rate in particular lowered interest rates several times. Now, the it's negative -075% Among others more homeowners who have taken an F1 or F3 loans the past few years, money from the bank instead of having to pay interest on its loans. A news report showed an example where a householder had taken an F1 loan of 1.7 million for approximately 1 year ago. This gets each month money from his bank for this loan. This bank and other banks have set its various loan types on standby Markus

02-05-15, 02:58 PM	#2
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,621 Downloads: 63 Uploads: 13	A negative interest rate on loans? __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

02-05-15, 03:08 PM	#3
Dowly Lucky Jack Join Date: Apr 2005 Location: Finland Posts: 25,054 Downloads: 32 Uploads: 0	Paging Dr. Skybird

02-05-15, 03:11 PM	#4
Oberon Lucky Jack Join Date: Jul 2002 Posts: 25,976 Downloads: 61 Uploads: 20	Deploying Skybirdian economics in

02-05-15, 03:24 PM	#5
Dowly Lucky Jack Join Date: Apr 2005 Location: Finland Posts: 25,054 Downloads: 32 Uploads: 0

02-05-15, 03:28 PM	#6
mapuc CINC Pacific Fleet Join Date: Sep 2003 Location: Denmark Posts: 20,541 Downloads: 37 Uploads: 0	http://www.dailykos.com/story/2015/0...ved-In-Denmark http://www.bloombergview.com/quickta...interest-rates Markus

02-05-15, 03:49 PM	#7
Oberon Lucky Jack Join Date: Jul 2002 Posts: 25,976 Downloads: 61 Uploads: 20	Anyway, before this thread heads to familiar shore I'll throw my two...krone, in. I can see why they're doing it, but I don't think that it'll work the way they want it to. Already the commercial banks aren't passing on that negative rate to customers for fear of driving them away, so anything that might disrupt the commercial banking sector, even if it's for the good of the economy of the country they're based in, will be resisted by the banks with all their strength. Then again, the modern economical model defies all attempts to rationalise it, there's loopholes and unexpected feedback loops all over the shop. Here's another article for those interested: http://www.vox.com/2015/2/5/7981461/...t-rates-europe