Zero Deposit Interest Rate: Will it Lead to Nation

Experts predict that once the deposit interest rate drops to zero, there may be a nationwide consumption wave. However, they ignored a key issue: when interest is zero, many people will choose to withdraw bank deposits and keep the money at home instead of spending it. Banks are also struggling to cope with large withdrawals from so many people! What do you mean, man?Many experts mistakenly believe that ordinary people are willing to save money. This is really wrong. Do you know why people save money? What to do if you get sick if you don’t save money, what to do if your child goes to school, what to do if your child sells a house as a wedding gift, and if you have money, who will lend it to you? Even if the interest rate on bank deposits is zero, people will not consume all their money. This is the real situation.