And call it a bank. And as long as you're charging less than it would cost them ... | Hacker News

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		tempestn on Aug 22, 2019 \| parent \| context \| favorite \| on: Germany for First Time Sells 30-Year Bonds Offerin... And call it a bank. And as long as you're charging less than it would cost them to store money themselves at scale, that would work...

javert on Aug 22, 2019 [–]

It's not really a bank because you aren't making loans because interest rates are negative.

If interest rates were positive, you would want to make loans, but then nobody would want to put physical euros into your vault in the first place.

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