When will the West accept negative interest rates are the new normal now that the bankers have fucked up the economy?
When will the West accept negative interest rates are the new normal now that the bankers have fucked up the economy?
Jack Rivera
Christopher Morgan
I forgot nuPol doesnt like talking about politics and economics
I shouldve started the thread and said OBAMA AND TRUMP ARE IN CAHOOTS WITH ALEX JONES AND TWITTER SAYS AND HERES A STORY ABOUT RACIALLY BASED CRIME
fuck nuPol faggots
Ryan Reed
Realistically, barring a massive deflationary collapse or some economic miracle/disaster, you're never going to see interest rates go back to even 00's levels because everyone sucks Keynes' cock, but they can't even get the blowjob right and start blowing in it like a balloon. It doesn't matter for top companies because they actually bothered to stash away cash and divest it in stocks when needed. It's the little guy that gets fucked because everything that he was taught about financial responsibility doesn't apply in a world where you're an ant and HBC/JPM/RBS are a bunch of fuckheads stomping around your pile on the way to work.
Carter White
Because boomers run the media I think they live in a fantasy that everything will revert to what they think is 'normal', i.e. high interest rates.
They express this thought over and over and the truth never gets heard.
It's obvious the powers that be decided negative interest rates were preferable to hyperinflation. It's the boiling frog thing. You slowly lose your money to inflation, or paying banks to hold your money, rather than immediate hyperinflation.
Jacob Barnes
This is partly why I hope the fuckin Hilina Slump cracks off of Oahu.
Carson Richardson
Trump will end the FED by the end of his second term
We will not see negative interest rates
Aaron Reed
t. doesnt understand shit
Angel Gray
>Implying that the current near-zero interest rates coupled with current rate of inflation isn't equivalent of negative interest rates.
Parker Foster
And when the US has been running QE for a decade...
Liam Perez
I’m trying to figure out what you guys are talking about..
Okay so, current inflation is 2.46%, current national interest rate is I believe 1.5, this equates to a negative interest rate of around -.96%
So, what exactly does that mean? The bankers will borrow money from the fed to give out for their loans, the money they give out will just lose money, and then they will just turn around and take more and just lose it, and repeat and repeat?