Negative Interest Rates and the Madness of Keynesians!

in #dtube7 years ago


In this report, I cover the early market action from London on Wednesday, February 27th, 2019. I look briefly at the precious metals, the stock market, the dollar, the bond market and the price of WTI and Brent crude oil.

Today I touch upon a subject that has come back into the news and that is negative interest rates. With the major economies around the world showing signs of a slowdown and possibly even recession the Ph.D. economists inhabiting Wall Street, the City of London and the Central Banking cabal are coming out of the woodwork to say that the next step in the next recession will be to get rates into deeply negative territory.

In this report, I talk about what these proposals really mean and how instead of really helping the public it again will help the financial sector and speculators and will also accentuate the wealth inequality that it's supposed to cure.

My conclusion is that negative interest rates are insane and that the consequences will not be good but at the same time very difficult to know the exact consequences as it is a monetary experiment that has never been tried before in recorded history.

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IMF Blob and Negative Interest Rates: https://blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/


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I think we are all "Alice in the wonderland ". What do we need in this situation? Tangible assets or human ties? May be both, but the information is the key to find the exit.

I agree with you and think in the end human ties will be even more important.

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