Posted on 03/21/2020 10:38:28 AM PDT by ConservativeMind
Lending at interest is forbidden under Sharia law. Just another step closer.
oh, and wear you face covering (Chinese virus mask)
If inflation is 2%, it still pays to have a bond at -1.75%.
Not sure how you get that
Negative rates are bonds with low positive rates sold at a premium to their value. There are lots of bonds available like treasuries for example that sell with positive rates and at fair prices. If European law allowed their banks to buy any bonds they would not be buying those with negative rates. Those banks are not worth anything at all.
Credit cards always have a higher interest.
I have no idea why PMs are doing what they’re doing these days. I’m just holding on tight!
If I did know, I’d be RICH, RICH, RICH and wouldn’t be hanging out with the po’ folk here, LOL! :)
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