"Be your own Bank"

SPD party and parliamentary group vice-chairman Achim Post now wants to improve the leaky budget with citizens' savings. "Hundreds of billions of euros are stored in German savings accounts - with interest rates approaching zero," said the politician. This money could be used to fill a state fund.

https://apollo-news.net/haushalt-spd-will-sparbuecher-der-deutschen-fuer-investitionen-nutzen/

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WTF!!!

"hey, if you don't need your money, can we use it?"

And I thought negative interest rates on accounts was evil...

I don't think their evil has a bottom.

No, it doesn't. In one way, I'm glad that this crap still surprises me. I think it means that I'm just not as good at being evil. Lol

"Ahhh... But nothing really changed. We just increased negative interest rates to -100%." /s

Don't you want to help your fellow people? For the common good!

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Scary shit.

Are are the people too dull to see the theft?

Anyone who even suggests this should be mocked and driven from office.

100%. It's called "excess liquidity". You don't need that money and eventually CBDC(s) will fix this problem by simply deleting your excess liquidity by the end of the month.

It's only excess liquidity for those who haven't worked for it. For everyone else it's earned capacity. I just can't understand why these people aren't shouted down.

The ECB disagrees. Money you don't spend money you don't need.

Hmm. Well, since we earned it, it doesn't matter what they think. People will revolt.

Revolting sounds like a plan

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stack harder!

๐Ÿซก๐Ÿงก๐Ÿค