OG: Trump asked Powell to drop rates to negative.
#31
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PRC Falungong Commie Hanjians (Stuka76_Doggie, The Dogfather, SAMSENGKIA, p1acebo, Obamao, tiunelomo, century, rat28, Schroder, MrMarket, Cory, ola, PervertoSan, OLT)

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#32
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#33
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PRC Falungong Commie Hanjians (Stuka76_Doggie, The Dogfather, SAMSENGKIA, p1acebo, Obamao, tiunelomo, century, rat28, Schroder, MrMarket, Cory, ola, PervertoSan, OLT)

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#34
11-9-2019 11:04 PM
lvlrsSTI said:
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Will Singapore follow?
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#35
negative rates mean the bank will pay u the interest for the loans with them.
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#36
12-9-2019 3:15 AM
niceguy said:
negative rates mean the bank will pay u the interest for the loans with them.

It simply means Banks expand their loan portfolios benefiting speculators at the expense of non-specs otherwise named slaves.
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#37
12-9-2019 3:15 AM
niceguy said:
negative rates mean the bank will pay u the interest for the loans with them.

Depositors have to pay banks to safekeep their money!
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#38
Actually if interest rate is lower than inflation rate, it is already in negative territory.
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#39
If rates drop to negative can borrow money for free.
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#40
Seems like USA also lost decade liao
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