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-   -   News Negative Interest Rates Are On The Table (https://gfy.com/showthread.php?t=1184611)

RummyBoy 02-11-2016 10:51 AM

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.

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 (Post 20727104)
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" :1orglaugh

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 (Post 20727120)
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. :1orglaugh

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 (Post 20727125)
Dude, you have no brain and there is no point wishing for one.

If wishes were horses, beggars would ride. :1orglaugh

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 (Post 20727139)
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. :321GFY

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 (Post 20727124)
I suspect all this intervention by central banks will lead to a .........

VERY unhappy ending.

Me thinks you are right !:2 cents:

BlackCrayon 02-12-2016 10:31 AM

Quote:

Originally Posted by RummyBoy (Post 20727466)
I'm posting news so fucking deal with it. If you can't handle the truth, get the fuck out of my thread. :321GFY

sounds like you need your diaper changed. :1orglaugh:1orglaugh

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 (Post 20728874)
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 (Post 20727125)
Dude, you have no brain and there is no point wishing for one.

If wishes were horses, beggars would ride. :1orglaugh

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 (Post 20728891)
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.:winkwink:

RummyBoy 02-14-2016 12:06 AM

Quote:

Originally Posted by DBS.US (Post 20728938)
Quick, spend all your cash.:winkwink:

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 (Post 20727120)
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.

:2 cents::thumbsup - 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!!!


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