Negative Interest Rates Ushers in a New Era: German Mattress Capitalism

Negative interest rates have made stuffing money into your mattress more attractive than putting it in a bank– at least in Germany.Screen Shot 2016-09-02 at 12.31.16 AM

Let’s hope not too many Germans all get the same idea at the same time.  There would be a run on mattresses as well as a run on banks. Marx my words…

 

http://www.wsj.com/articles/german-savers-lose-faith-in-banks-stash-cash-at-home-1472485225

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