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1 January, 23:00

Someone with dollar bills to lend will never agree to make a loan with a nominal interest rate of less than zero because:

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  1. 2 January, 01:01
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    Having a nominal interest rate less than 0 would mean that a depositor pays a bank to hold its money. If the annual nominal interest rate is negative 1 percent, a deposit of $1000 dollar would come out $10 dollar short the following year which is why someone with dollar bills will never agree to loan with a nominal interest rate that is negative percent.
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