2 ms·
> Do you have some additional thoughts on what this "something completely different" is? Negative interest rates: https://www.forbes.com/sites/simonconstable/2
by nonbel 7y ago
> Do you have some additional thoughts on what this "something completely different" is?
Negative interest rates:
https://www.forbes.com/sites/simonconstable/2019/01/31/the-unintended-consequences-of-central-bank-policies-part-2-of-2/#715ce8e86153 https://www.forbes.com/sites/simonconstable/2019/01/31/the-u...
This has really just begun, things are going to become more and more nonsensical like people getting paid interest to take out a mortgage and paying the bank interest on their deposits. Both are already happening to a limited extent in Denmark:
https://www.bloomberg.com/news/articles/2019-05-23/bankers-stunned-as-negative-rates-sweep-across-danish-mortgages https://www.bloomberg.com/news/articles/2019-05-23/bankers-s...