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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Joe Btfsplk who wrote (854068)5/3/2015 9:08:06 PM
From: THE WATSONYOUTH  Respond to of 1579018
 
As this has worked so well, now every major central bank in the world agrees that negative interest rates will finally be the policy measure to finally tip the world back onside.

....this can't work either............people will just remove their money from the banks....and save whatever they can for the upcoming apocalypse......Govt will then ban all hard currency........ just all electronic money which they can charge 1%, 2%, 3%, whatever per year to hold for "you"......then people will rush to spend ALL their money as soon as it appears in their electronic account....... just so as not to be left with a dime in their account when their negative savings rate become due.........yeah.....now that will solve ALL the worlds problems.