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Old 26-02-2013, 19:36   #3
rogerdraig
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Join Date: Mar 2005
Location: Wales
Posts: 2,509
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Re: (BoE) deputy governor has mooted the idea of 'negative' interest rates

its about what interest the banks get for thier money saved with central bank it should encorage them to lend it and make money rather than just putting it in safe place and making money for doing nothing this would mean they would loose money if they did nothing with it
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