# Strongbox boom

- Canonical URL: https://www.gerhardmerk.de/strongbox-boom-2
- Post ID: 593129
- Modified: 2023-07-25T21:13:53+00:00
- Language: en

## Definition

Whenever interest rates are very low and/or confidence in banks is very low, strongboxes (safes) are increasingly in demand. This is because in these circumstances, businesses and households widely prefer to keep their money at home rather than entrusting it to shaky banks at low interest rates. In the 1990s, safes were a real market hit in Japan's economy, which was in crisis at the time - see low interest rate policy, zero interest rate. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1