<prompt> Human: Negative interest rates on savings accounts is a bad idea. I know there is protection value in FDIC but how much are you really willing to pay for it?I see three rational responses to this threat.1 Spend all excess cashflow and keep a bare minimum emergency fund2 Take on more investment risk than would be ideal trying to maintain above inflation levels3 pay the piper to be financially conservativeThe reality is a lot of fiscally responsible people will opt for 3, just as they carry the burden of every one housing problems while they faced the drop in equity while still faithfully paying their notes on time.  <response>: Effectively, any time savings interest rates are lower than inflation you have a negative interest rate. Most people just dont notice it is inflation is 5 and your rate is 3 compared to if inflation were 1 and the interest rate was -1.Personally, I cant see the US banking system being able to tolerate this and imagine the Fed out have to find some way to compensate banks to keep them from doing this. Andor the banks would opt for sneaking in fees to make up their costs rather than about publishing a negative interest rate. 