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0 sats \ 0 replies \ @TheBTCManual 9 Sep 2023 \ on: Czech banks hit as central bank ceases paying interest on reserves bitcoin
This one seems to not get much media attention, seems rather strange
How do you bulk under interest rates you set for yourself? How bad does this get downstream as banks reduce their lending books to reduce risk because they're not getting their "risk-free rate" from the central bank?
Does anyone know whats going on in the country? Their Debt to GDP isn't even that high, why doesn't their CB just blow up their balance sheet like the rest of the countries do