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Ep. 7: Why Are There Zero Interest Rates?
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Ep. 7: Why Are There Zero Interest Rates?
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Narrated by:
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Written by:
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Micael Dahlen
Many of us have been taught that it’s good to save our money in the bank, because then we will earn interest. But is that still the case, now that the interest rate in many countries is zero?
Micael visits The European Central Bank in Germany to speak with the Head of Monetary Policy, Dr. Katrin Assenmacher about why the interest rates are so low and what it means to our economy, but also about why it's not wise to save cash in the mattress.
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