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20/01/20
18:06
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Originally posted by Shikari
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This is embarrassing. Its not Smokos ban anyway - none of these numpties could dream this up. The world banking cartel is on the road to oblivion and this is the last desperate throes of a dying monetary system.
How on earth can anyone really think neg interest rates will save the system. If you are losing value through money printing then the bank charges you to store it then the value decline of fiat steepens. It must also have a negative effect on the consumer - the lifeblood of any economy.
Surely people will take their money out of the banking system and store their money in assets that are liquid and resistant to the corrosion of inflation.
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What a joke...even though it is no longer funny ! And then we have the Davos circus coming up too. I feel like becoming one of these US preppers and start building a bunker in my back yard....
Last edited by
Dui :
20/01/20