Bernanke: Negative interest rates are coming

[araomd]

And the battle lines get drawn:

Another president of a Federal Reserve Bank publishes an article today, but about why we need negative interest rates-
http://economistsview.typepad.com/e...e-rates-a-gigantic-fiscal-policy-failure.html

I think people would have laughed a few years ago if you told them Europe, Japan, and the US would all have negative interest rates. Even if they could conceive that such a thing even exists.

 

[chucklenut]

And the battle lines get drawn:

Another president of a Federal Reserve Bank publishes an article today, but about why we need negative interest rates-
http://economistsview.typepad.com/e...e-rates-a-gigantic-fiscal-policy-failure.html

I think people would have laughed a few years ago if you told them Europe, Japan, and the US would all have negative interest rates. Even if they could conceive that such a thing even exists.

typical economist and policy makers

aka modern day collectivists. they seek to find the best way to increase productivity but the answer only comes from ****ing with the free market or gov intervention. why the **** do these people have a job? they dont do anything except put out bad ideas and then justify why their bad ideas are great or explain why they didnt work in the end

*edit*

did you read those comments? good god

 

[500mag]

....and we can all see how well NIRP is working out in Europe and Japan...the Nikkei was down over 5% yesterday...

Here's a little tidbit for ya: NIRP is ROCKET FUEL for precious metals.....

 

[JamesG]

typical economist and policy makers

aka modern day collectivists. they seek to find the best way to increase productivity but the answer only comes from ****ing with the free market or gov intervention. why the **** do these people have a job? they dont do anything except put out bad ideas and then justify why their bad ideas are great or explain why they didnt work in the end

Because they tell politicians what they want to hear. "Don't worry you can spend all you want. Deficets don't matter, in fact they are good! Go ahead and sign that trade agreement. We're sure Comparative Advantage will save us!" etc.

 

[Lenny]

Gentlemen please see the Georgia Guidestones.

 

[JamesG]

Whut?

 

[araomd]

Something's up.

Bloomberg just jumped in too:
http://www.bloomberg.com/news/artic...een-as-option-for-fed-as-boj-ecb-pave-the-way

 

[JamesG]

but, but, but the economy and jobs are doing great! Obama, the Fed, and the DoL told me so!!!

 

[EugenFJR]

The only things I can invest in is canned food, medical supplies, and ammo...

 

[RamRoddoc]

how long before the us government nationalizes all bank accounts and assets?

Best to start here: http://www.zerohedge.com/news/2014-02-05/countdown-nationalization-retirement-savings-has-begun

We need a cashless society to combat terrorism...




And it begins, last avenue approach below in restrictions.... http://www.bloomberg.com/news/artic...with-obama-s-plan-to-limit-retirement-savings