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Storm Of Negative Interest Rates Looms, 25 Million Aussies Left Without Umbrellas!, page-36

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Bunn-Wackett

22,369 Posts.

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20/09/19

17:07

Post #: 40500524
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Originally posted by All4One: ↑

Thats great you keep thinking there is no ulterior motive in all this and the politicians wont reduce it further.
Must be pleasant to have absolute faith in politicians and live with that. Morrison and co have deliberately left the legislation loose so they can adjust it to zero when negative rates come in and you start paying the banks to keep your credits safe, I say credits because they wont be transferable into cash.
As far as security goes the banks get hacked often they just dont tell you and I know this because I know a software engineer that use to manage and write the software for banks Not just for money either that includes your details as in the latest breach of WBC several months ago.

Bit if your happy with all that then good for you. Cant see the point in discussing this further.

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lol

Come on over to the dark side, I’ve reserved a place for you.

AUD 55cents? lol Banks going under? lol Gold up, up and up? lol

But if you’re happy with all that then good for you

have a great weekend!
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