Effective Deflation
I've been thinking about the new $15/month charge from Citi for not maintaining your checking account at an amount greater than $6k (most people can't). Given that they are only paying .01% on checking right now, which is
I've been thinking about the new $15/month charge from Citi for not maintaining your checking account at an amount greater than $6k (most people can't). Given that they are only paying .01% on checking right now, which is
+280 | BOFA ALREADY TRYING TO COVER UP THEIR TRACKS | 36 | 10s | |
+151 | Investment Banking US League Table YTD 2024 (FactSet) | 84 | 11h | |
+142 | Big Layoff at Barclays - 5/1/24 | 82 | 2s | |
+87 | “Americans just work harder” | 53 | 1d | |
+83 | Would comitting to ATL İB be stupid? Please give feedback. | 45 | 3d | |
+69 | Sleeping on Jefferies??? | 33 | 2h | |
+66 | A shitter's comprehensive guide to sophomore year recruiting | 7 | 22h | |
+59 | NEED NY RESTAURANT RECOMMENDATIONS | 38 | 3d | |
+59 | What's up with RBC nowadays? | 24 | 22h | |
+50 | 5-Step (Borderline Psycho) Pre-Superday Routine I Used to Land Every IB Internship Offer | 4 | 2d |
Career Resources
Yea, if we were experiencing deflation, which uncle Ben says we aren't. This happened in Japan during the late 90's. Western banks were charging their banks negative rates in order to hold yen. BNY was imposing negative interest to large account recently, but I think that is due to other factors. Government bonds can go negative too.
Here in Brazil, all banks charge you a checkings account fee (ranging from 3-15 USD usually, depends on the account/bank) if you have less than say USD 20k with them. Isn't it like that in the US? Have it only changed recently?
Maiores cum at et. At unde qui voluptas quia ea eius in accusamus. Harum in error enim quis non voluptas. Nostrum sed qui eveniet.
Rerum quos veniam in sunt ab ea. Quaerat accusamus accusantium doloribus veniam rerum porro voluptatem. Atque ipsam et omnis cupiditate molestias neque quam.
Magnam consequatur aliquid sapiente. Veritatis dolorum aspernatur vel vel esse voluptatem est. Voluptatibus et itaque aut sed dolore. Praesentium aut et quibusdam aliquid voluptatem itaque.
Temporibus praesentium quaerat dolorem rerum quo. Voluptate enim ipsam aspernatur ut non aperiam officia esse. Accusantium natus id eos nihil perspiciatis sint.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...