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Author Topic: Bank of N.Y. said charging for big cash positions (cbs)  (Read 776 times)
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Beyond Imagination

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August 05, 2011, 01:52:25 AM

This news caught my attention, I think if all the banks start to charge saving accounts, then people would rather hold their investments. But it turns out it is only a charge by the insurance company

Cash hoarding is the main enemy of economy growth

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August 05, 2011, 02:06:40 AM

Wow, the depisit insurance is actually paid for by the banks!

Amazing! I always figured they let the taxpayers take care of that for them.


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I'm a hero now?

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August 07, 2011, 02:02:35 AM

Cash hoarding is the main enemy of economy growth

Why hello there, Keynes.

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August 07, 2011, 05:03:18 AM

Wow, how common is that? Does charging to hold chash happen often?

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