yes. you pay a % to bank to be allowed to have your money. every month.
you can't withdraw it if they get rid of cash so you just get to pay that % every month. The goal is to eventually drive everyone to month-to-month living. No one has any savings. No one has any assets. No real assets, no paper assets. You rent everything. You are effectively an indentured servant.
How does the concept of negative interest rates even work? As in you outright lose money when you have it in the bank? That’s fucking awful.
yes. you pay a % to bank to be allowed to have your money. every month.
you can't withdraw it if they get rid of cash so you just get to pay that % every month. The goal is to eventually drive everyone to month-to-month living. No one has any savings. No one has any assets. No real assets, no paper assets. You rent everything. You are effectively an indentured servant.