News Negative Interest Rates Are On The Table - GoFuckYourself.com

RummyBoy · 02-11-2016, 10:51 AM

Yellen Says Fed Evaluating Possibility of Negative Rates in U.S. - Bloomberg Business

Yellen is trying to appease while markets sell off big time and meanwhile gold is exploding. This is how desperate the US economy is right now; it looks like they're going to take interest rates negative. It's hard for some people to comprehend even though rates are negative in Japan, Sweden, Switzerland etc. Can you imagine -2% interest rates?

You have $10,000 in your bank account and at the end of the year, you lose $200 in interest so you're left with $9,800. That's the reason they're so keen to ban cash ie they want your money trapped in the bank or spent so it helps boost economic activity.

BlackCrayon · 02-11-2016, 11:03 AM

you keep posting that. even though you were wrong about japan. stop reading zerohedge. its just fear mongering with ads.

RummyBoy · 02-11-2016, 11:06 AM

Quote:

Originally Posted by BlackCrayon

you keep posting that. even though you were wrong about japan.

Wrong about Japan?

Bank of Japan cuts key interest rate into negative territory - Jan. 28, 2016

It just came out of Yellen's mouth:

Janet Yellen: Negative rates possible in U.S. - Feb. 11, 2016

She re-iterated it today but FED governors have been talking about it all week.

Quote:

stop reading zerohedge. its just fear mongering with ads.

On the contrary its one of the few reliable sources for the awake and they predicted negative rates were coming "long, long ago in a galaxy, far far away"

BlackCrayon · 02-11-2016, 11:19 AM

The BOJ is paying the Japanese banks to take money from it.
The BOJ wants to devalue the Yen.
Why: to lower the price of Japanese exports.

Devaluation is the only ''hidden tax'' here.

mce · 02-11-2016, 11:23 AM

I suspect all this intervention by central banks will lead to a .........

VERY unhappy ending.

RummyBoy · 02-11-2016, 11:23 AM

Quote:

Originally Posted by BlackCrayon

The BOJ is paying the Japanese banks to take money from it.
The BOJ wants to devalue the Yen.
Why: to lower the price of Japanese exports.

Devaluation is the only ''hidden tax'' here.

Dude, you have no brain and there is no point wishing for one.

If wishes were horses, beggars would ride.

Oh and you're also a FUCKING IDIOT.

Right now, they're in their "preparing the people" mode:

Fischer: Negative Rates Working More Than Expected | Watch the video - Yahoo Finance

dyna mo · 02-11-2016, 11:23 AM

it's not if, it's when. i'm thinking 2017

BlackCrayon · 02-11-2016, 11:39 AM

Quote:

Originally Posted by RummyBoy

Dude, you have no brain and there is no point wishing for one.

If wishes were horses, beggars would ride.

Oh and you're also a FUCKING IDIOT.

Right now, they're in their "preparing the people" mode:

Fischer: Negative Rates Working More Than Expected | Watch the video - Yahoo Finance

i didn't even say that. its from the thread you posted about japan doing it back in november. you are always posting negativity about the world but most specifically about the US. i can only imagine you are a very sad person.

RummyBoy · 02-11-2016, 07:22 PM

Quote:

Originally Posted by BlackCrayon

you are always posting negativity about the world but most specifically about the US.

I'm posting news so fucking deal with it. If you can't handle the truth, get the fuck out of my thread.

GFED · 02-11-2016, 08:13 PM

quit watching CNBC and get real information here:

tastytrade | a real financial network | financial news and entertainment
Home - Shadow Trader

news is only for entertainment...

I don't think we will go negative... it's all a misdirection... as always,...

Relentless · 02-11-2016, 10:30 PM

Better chance of Yellen doing anal porn than there is of Yellen getting negative rates in place.

JFK · 02-12-2016, 03:58 AM

Quote:

Originally Posted by mce

I suspect all this intervention by central banks will lead to a .........

VERY unhappy ending.

Me thinks you are right !

BlackCrayon · 02-12-2016, 10:31 AM

Quote:

Originally Posted by RummyBoy

I'm posting news so fucking deal with it. If you can't handle the truth, get the fuck out of my thread.

sounds like you need your diaper changed.

RummyBoy · 02-13-2016, 09:20 PM

Marc Faber: Over 5000 Years We've Never Had Negative Interest Rates

Funny thing is when negative rates get implemented (properly), most people STILL wont get it until they see their first bank statement with funds going out due to the negative interest rate. Bank's are going to have to double down on educating people about what's happening.

GFED · 02-13-2016, 09:46 PM

Quote:

Originally Posted by RummyBoy

Marc Faber: Over 5000 Years We've Never Had Negative Interest Rates

Funny thing is when negative rates get implemented (properly), most people STILL wont get it until they see their first bank statement with funds going out due to the negative interest rate. Bank's are going to have to double down on educating people about what's happening.

Quit watching FOX news. They are owned by Wall street.

TheSquealer · 02-13-2016, 10:01 PM

Quote:

Originally Posted by RummyBoy

Dude, you have no brain and there is no point wishing for one.

If wishes were horses, beggars would ride.

Oh and you're also a FUCKING IDIOT.

Right now, they're in their "preparing the people" mode:

Fischer: Negative Rates Working More Than Expected | Watch the video - Yahoo Finance

HSBC analysts say negative interest rates have failed in Sweden - Business Insider

Barry-xlovecam · 02-13-2016, 10:53 PM

What's a negative deposit rate anyway? - The Tell - MarketWatch

RummyBoy · 02-13-2016, 11:01 PM

Quote:

Originally Posted by GFED

Quit watching FOX news. They are owned by Wall street.

Sure but the good news is Marc Faber ain't.

Sadly with negative rates, even though they wont impact people straight away, eventually as they go further into negative territory they will cut into savings and the people who get the hurt the most are pensioners. It's always old people and pensioners who have no clue about the current markets etc etc who get killed by this kind of thing - if they haven't been already with zero rates.

Barry-xlovecam · 02-13-2016, 11:45 PM

Some interesting hurdles for the Fed if it wants to enact negative interest rates: Four Legal Questions the Fed Would Face If it Decided to Go Negative - Real Time Economics - WSJ

DBS.US · 02-13-2016, 11:55 PM

Quick, spend all your cash.

RummyBoy · 02-14-2016, 12:06 AM

Quote:

Originally Posted by DBS.US

Quick, spend all your cash.

That's the whole point. They WANT you to spend more of your money because keeping it in the bank is costing you and therefore by encouraging spending there is an increase in economic activity and therefore (supposedly) the economy.

arock10 · 02-14-2016, 07:45 AM

Inflation plus zero % interest rate might as well be negative already

JuicyBunny · 02-14-2016, 08:00 AM

Quote:

Originally Posted by BlackCrayon

The BOJ is paying the Japanese banks to take money from it.
The BOJ wants to devalue the Yen.
Why: to lower the price of Japanese exports.

Devaluation is the only ''hidden tax'' here.

- I almost shit the bed yesterday when I was checking conversion rates and the yen is about to catch up with the dollar...again. No likey likey.
Drop that value and buy our stuff, world!!!

02-11-2016, 10:51 AM	#1
RummyBoy Confirmed User Join Date: Dec 2009 Posts: 2,157	Negative Interest Rates Are On The Table Yellen Says Fed Evaluating Possibility of Negative Rates in U.S. - Bloomberg Business Yellen is trying to appease while markets sell off big time and meanwhile gold is exploding. This is how desperate the US economy is right now; it looks like they're going to take interest rates negative. It's hard for some people to comprehend even though rates are negative in Japan, Sweden, Switzerland etc. Can you imagine -2% interest rates? You have $10,000 in your bank account and at the end of the year, you lose $200 in interest so you're left with $9,800. That's the reason they're so keen to ban cash ie they want your money trapped in the bank or spent so it helps boost economic activity.

02-11-2016, 11:03 AM	#2
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	you keep posting that. even though you were wrong about japan. stop reading zerohedge. its just fear mongering with ads. __________________ you don't know you're wearing a leash if you sit by the peg all day..

02-11-2016, 11:19 AM	#4
BlackCrayon Too lazy to set a custom title Join Date: Jun 2003 Location: Ottawa Posts: 19,631	The BOJ is paying the Japanese banks to take money from it. The BOJ wants to devalue the Yen. Why: to lower the price of Japanese exports. Devaluation is the only ''hidden tax'' here. __________________ you don't know you're wearing a leash if you sit by the peg all day..

02-11-2016, 11:23 AM	#5
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 3,917	I suspect all this intervention by central banks will lead to a ......... VERY unhappy ending. __________________ Pay Virtual Assistants Based on RESULTS instead of TIME STOP getting FUCKED IN THE ASS by your VA

02-11-2016, 10:30 PM	#11
Relentless www.EngineFood.com Industry Role: Join Date: Aug 2006 Posts: 5,697	Better chance of Yellen doing anal porn than there is of Yellen getting negative rates in place. __________________ Website Secure \| Engine Food ICQ# 266-942-896

02-11-2016, 11:23 AM	#7
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,618	it's not if, it's when. i'm thinking 2017

02-11-2016, 08:13 PM	#10
GFED Confirmed User Industry Role: Join Date: May 2002 Posts: 8,098	quit watching CNBC and get real information here: tastytrade \| a real financial network \| financial news and entertainment Home - Shadow Trader news is only for entertainment... I don't think we will go negative... it's all a misdirection... as always,...

02-13-2016, 09:20 PM	#14
RummyBoy Confirmed User Join Date: Dec 2009 Posts: 2,157	Marc Faber: Over 5000 Years We've Never Had Negative Interest Rates Funny thing is when negative rates get implemented (properly), most people STILL wont get it until they see their first bank statement with funds going out due to the negative interest rate. Bank's are going to have to double down on educating people about what's happening.

02-13-2016, 10:53 PM	#17
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	What's a negative deposit rate anyway? - The Tell - MarketWatch

02-13-2016, 11:45 PM	#19
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Some interesting hurdles for the Fed if it wants to enact negative interest rates: Four Legal Questions the Fed Would Face If it Decided to Go Negative - Real Time Economics - WSJ

02-13-2016, 11:55 PM	#20
DBS.US Geo Cities Industry Role: Join Date: Aug 2003 Location: North Captiva Island, Florida USA Posts: 11,830	Quick, spend all your cash. __________________ Make a Free Chaturbate White Label site in 34 minutes and be making money tonight

02-14-2016, 07:45 AM	#22
arock10 Confirmed User Join Date: Jan 2006 Posts: 6,218	Inflation plus zero % interest rate might as well be negative already __________________ Sup