The Folly Of Zero

By "zero" I am of course referring to interest rates which, atrociously, have been pushed down not only to puny levels, but even in some cases, past the zero mark, down to negative levels. And when from these extremely low, zero or negative interest rates we deduct inflation and the inevitable fees and charges, we end well into negative territory. Indeed, a UK bank has recently given notice to its business customers that they plan to start charging interest on commercial deposits....