Negative interest rates could be needed for a 'V' recovery, Fed economist says

Home Forums Events & Emergencies Economic Crisis Negative interest rates could be needed for a 'V' recovery, Fed economist says

This topic contains 1 reply, has 2 voices, and was last updated by  namelus 1 month ago.

  • Author
    Posts
  • #29207

    Crow Bar
    Keymaster
  • #29210

    namelus
    Participant

    Banks in Germany have had negative rates for year now…. spend your cash os something solid because destruction of dollar value and collapse with hyperinflation is around the corner. Basically it’s already there you get fee charged so any money in bank gets depleted each month instead of any positive  accumulation from interest. If you add the true or even false inflation rate you are basically losing cash by keeping it in bank.

     

     

You must be logged in to reply to this topic.

Skip to toolbar