To: Norseman
If negative interest rates haven't destroyed Japan yet, then I think we still have a long way to go.
I don't see negative interest rates as a "problem" as much as a symptom ... and it's a symptom of a serious deflationary cycle in the economy.
7 posted on
09/22/2016 5:15:58 PM PDT by
Alberta's Child
("Sometimes I feel like I've been tied to the whipping post.")
To: Alberta's Child
“...and it’s a symptom of a serious deflationary cycle in the economy.”
Oh, so any day now I should be able to buy choice T-bone steak for $.78 a pound again as I did back in ‘72.
20 posted on
09/22/2016 6:28:30 PM PDT by
RipSawyer
(Racism is racism, regardless of the race of the racist.)
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