{"id":36282,"date":"2016-01-02T05:15:04","date_gmt":"2016-01-02T13:15:04","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=36282"},"modified":"2017-01-05T16:31:03","modified_gmt":"2017-01-06T00:31:03","slug":"negative-interest-rates-and-the-demonization-of-cash","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id36282-negative-interest-rates-and-the-demonization-of-cash.html","title":{"rendered":"Negative Interest Rates and the Demonization of Cash"},"content":{"rendered":"<p><a href=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/03\/negative-rates.jpg\" rel=\"attachment wp-att-36283\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-36283\" src=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/03\/negative-rates.jpg\" alt=\"negative rates\" width=\"374\" height=\"239\" srcset=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/03\/negative-rates.jpg 305w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/03\/negative-rates-300x192.jpg 300w\" sizes=\"auto, (max-width: 374px) 100vw, 374px\" \/><\/a>A lot of financially savvy people out there say that the world&#8217;s central banks have foisted zero- and negative-interest rates (otherwise known as ZIRP and NIRP) to force people out of their savings. The truth is, there is a more pressing reason for negative interest rates: <em>Hey! You need to be an Insider to view the rest of this section! If you&#8217;d like to join, please click &#8220;Insider Membership&#8221; at the top of my blog page.<\/em><\/p>\n<p style=\"text-align: right;\"><span style=\"font-size: smaller;\">Photo Credit: AndyRobertsPhotos<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A lot of financially savvy people out there say that the world&#8217;s central banks have foisted zero- and negative-interest rates (otherwise known as ZIRP and NIRP) to force people out of their savings. The truth is, there is a more pressing reason for negative interest rates: Photo Credit: AndyRobertsPhotos<\/p>\n","protected":false},"author":1,"featured_media":36283,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[454,486,489],"tags":[],"class_list":{"0":"post-36282","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banking","8":"category-insider","9":"category-macroeconomics","10":"pmpro-has-access","11":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Negative Interest Rates and the Demonization of Cash<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lenpenzo.com\/blog\/id36282-negative-interest-rates-and-the-demonization-of-cash.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Negative Interest Rates and the Demonization of Cash\" \/>\n<meta property=\"og:description\" content=\"A lot of financially savvy people out there say that the world&#8217;s central banks have foisted zero- and negative-interest rates (otherwise known as ZIRP and NIRP) to force people out of their savings. The truth is, there is a more pressing reason for negative interest rates: Photo Credit: AndyRobertsPhotos\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lenpenzo.com\/blog\/id36282-negative-interest-rates-and-the-demonization-of-cash.html\" \/>\n<meta property=\"og:site_name\" content=\"Len Penzo dot Com\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/LenPenzo\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-02T13:15:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-01-06T00:31:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2016\/03\/negative-rates.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"305\" \/>\n\t<meta property=\"og:image:height\" content=\"195\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Len Penzo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" 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