The single most cited reason for not having accounts was not having “enough money.” More than 10 percent of the unbanked explained that they simply “don’t trust banks.” Those findings were echoed at an international level by the Findex database, where roughly a fifth of adults without a financial account cited a lack of trust in the financial system.17 To explore why consumers would choose to use alternative financial services over traditional bank accounts, Lisa Servon of the University of Pennsylvania worked for both  16  FDIC National Survey of Unbanked and Underbanked Households, https://www.fdic.gov/householdsurvey/2015/2015report.pdf.
The whole ability to save would be diminished and higher interest rates would be of no use to you – absolutely no use at all. And therefore it is important... But if you do see the Germans as... 3/7  BIS central bankers' speeches  ...to do it  Yes. ...at the right time. As soon as possible.