'Zero interest rates' ahead?
 

Financial historian Niall Ferguson says world governments must work together to avoid a fragmentation of the global economy.

http://money.cnn.com/video/#/video/n...12508.cnnmoney

If you have a single bank and a single currency, you can set a single interest rate across the world.

I can believe it

Not going to happen any time soon. The church wont let it.

give the church financial incentives and they'll withdraw any objections as long as the currency isn't like a chip in your skin.

I'm waiting for negative interest rates.

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

what possible benefit would having a single world interest rate have? No one could possibly benefit from such a thing.

Already here is you keep your money in a checking account or a low yield savings.