nirp

  1. mike

    negative interest rates (NIRP)

    I assume everyone has heard that the ECB now has negative interest rates (-0.10) for its member banks' deposits. How long before the banks do the same to their depositors? LOL @ all the MSM talking heads out there who belittled PMs because they don't give interest. :rotflmbo:
  2. B

    Drumbeats for the cashless society

    http://www.financialsense.com/contributors/martin-armstrong/expect-cashless-society-not-hyperinflation "...in the next economic downturn, expect the Federal government to simply outlaw cash altogether. With rates already at zero and the Fed’s tools for stimulating consumption all used up, the...
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