Jump to content
House Price Crash Forum

Even Banks Are Starting To Get Fed Up With Zirp/nirp


Recommended Posts

0
HOLA441

Even the banks themselves are now getting hacked off with the antics of the central banksters and are starting to mull storing their own excess deposits as cash instead of with the central bank:

https://mishtalk.com/2016/06/08/negative-interest-rate-mutiny-in-germany-japan/

Just as well the central banks are abolishing the large notes to make this trickier for all concerned. I can see this being used as a pretext to get rid of physical cash, can't have people 'hoarding' their personal wealth when they could be out spending it and boosting the economy, as well as borrowing some more to cover their expenses.

Link to comment
Share on other sites

1
HOLA442
2
HOLA443
3
HOLA444
4
HOLA445

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information