Yellen: Negative rates not 'off the table'

not on loan, on saving. basically bank will stop give out loan and start charging people money for keeping their money "safe". This move is to force people to INVEST their saving, so that the Stock market will artificially boosted up. This is a crazy act, it will not work. But they still believe in it and keep wishing for it.

They go negative rate ... is because they can no longer print money without public aware of it and the consequences following it..... bad things will start happening .... and a lot of the banks regulation will soon be enforced to make sure people can't take out "too much" money in a short time frame. ....

Thanks for the clarification. Too bad we all need direct deposits, they start talking too much about this and I'll certainly be closing my account. Mattress under a bed is better than that.

MAJ (Join to see) - For small account holder, it usually not a big problem unless the bank run is started. So pay very close attention ... and try to establish a safe place to put your money at home too ... a really good and secure safe maybe and a home security system too.