barbarus
Recycles dryer sheets
- Joined
- Aug 1, 2007
- Messages
- 433
Central banks are betting that negative real interest rates will induce people to spend rather than save money that is declining in value, economists said. The strategy also aims to jolt investors and banks into seeking higher yields by making riskier long-term loans.
``It's clear you need to have interest rates that are lower than inflation going forward,'' said Jan Amrit Poser, chief economist at Bank Sarasin in Zurich. ``Central banks are rushing to get interest rates down.''
This is far more wicked than a malfeasance any imaginary "Devil" of religious imagination could manifest.
The governments of the world want to force people to consume, the very opposite of prudent behavior. Driving the defenseless into what will represent absolute penury for some and will result in significant misery for many others shows us the true evil in the world.
The politicians and bureaucrats who espouse this garbage belong in a cell, not in an office. What sort of human vermin are running the show in current times? What Herr Poser is doing should be a capital crime rather than economic policy and he should pay the requisite penalty.
Has the entire globe fallen for such a massive swindle?
Bloomberg.com: Exclusive
Bloomberg.com: Exclusive
``It's clear you need to have interest rates that are lower than inflation going forward,'' said Jan Amrit Poser, chief economist at Bank Sarasin in Zurich. ``Central banks are rushing to get interest rates down.''
This is far more wicked than a malfeasance any imaginary "Devil" of religious imagination could manifest.
The governments of the world want to force people to consume, the very opposite of prudent behavior. Driving the defenseless into what will represent absolute penury for some and will result in significant misery for many others shows us the true evil in the world.
The politicians and bureaucrats who espouse this garbage belong in a cell, not in an office. What sort of human vermin are running the show in current times? What Herr Poser is doing should be a capital crime rather than economic policy and he should pay the requisite penalty.
Has the entire globe fallen for such a massive swindle?
Bloomberg.com: Exclusive
Bloomberg.com: Exclusive