Back in the 1990s, drug kingpin Pablo Escobar couldn't use a bank account for all his cash so he stored paper US dollar bills in a warehouse. About 10% of the money was lost because of water damage, rats eating the paper, sloppy accounting, and probably some theft. 

Assuming all of that is true, basically Pablo's warehouse was like a bank paying a negative interest rate.

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Answer The scenario youve described regarding Pablo Escobars cash storage is an interesting analogy to negative interest rates although its important ... View the full answer