I.O.U.S.A <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/O_TjBNjc9Bo&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/O_TjBNjc9Bo&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>
True, but its nothing that a zero interest rate will make better. Those banks that cannot reward savers don't deserve to exist.
I think, the printing cost of $100 bill is 10 cents. If the banks are suffering losses then central banks can always "print money" to pay interest to depositors. Central Banks have the monopoly of printing money. Central banks are just increasing the "money supply" when there is no actual "sales demand". http://elitetrader.com/vb/showthread.php?s=&threadid=150849