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Negative Interest Rates
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So companies will spend their reserves. By investing money abroad.
They should have introduced exchange controls too..... -
The whole mess could have been avoided if the governments used QE to invest in construction / infrastructure projects instead of the banks. It was an obvious move."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostThe whole mess could have been avoided if the governments used QE to invest in construction / infrastructure projects instead of the banks. It was an obvious move.Comment
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Originally posted by DimPrawn View PostJapan did this, they ended up with 5 motorways each, no real economic progress, 90% negative equity in property and deflation for 20 years.Comment
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Originally posted by BrilloPad View PostSo companies will spend their reserves.Comment
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Originally posted by DimPrawn View PostJapan did this, they ended up with 5 motorways each, no real economic progress, 90% negative equity in property and deflation for 20 years.Comment
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Originally posted by AtW View PostFast trains though, little traffic on roads - nice racing at night time, what's not to like ...Comment
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If they set the rate to -infinity they can legitimately take all cash instantly as payment.
What deficit?Comment
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