Originally Posted By: Russ
IMO a lot of what is happening in the financial world makes no sense — negative interest rates?? — paying someone to take a loan?? WTH

Negative interest is needed when money is not moving as it should. We don't have that problem now — quite the contrary. If the New York Federal Reserve has to print $75 Billion a day, we have the opposite problem.

Removed.

Jeanette Isabelle


Edited by chaosmagnet (10/08/19 01:06 AM)
_________________________
I'm not sure whose twisted idea it was to put hundreds of adolescents in underfunded schools run by people whose dreams were crushed years ago, but I admire the sadism. -- Wednesday Adams, Wednesday