LMFAO!!! TRUMP demands 0% or NEGATIVE INTEREST RATES!!!

this

can I move into your battery bunker ?

Buy physical GOLD and SILVER!

You all know this is what you should have been doing all along. This forum has been telling you this for years.

Those who get caught without it just have themselves to blame.

Many Documentaries about the FED have been shared many, many times. The FED is a fiat system that has an end date.....

and we are in a trade war with china. If they dump dollars while we are printing them. it is gonna get nasty.

But the housing market will skyrocket. It will never crash again.

How??? For those of us who have actual CASH, we are penalized with putting our money in the bank and earning NO interest. We can’t even go to bonds anymore.

They are making it so if you have cash, you will be losing money. No place is safe, not real estate, not the stock market and not the bank.

Thats all they have been doing for 4 years....

its fucking pathetic

Yup.

Bwahahahaya.. no wait... lolololol...tears rolling down my face, hold on.. bwahahahaha... ok... ok... bwha....hshahahahahahahahahahahahahahaha...

Low or no interest rates means your economy is tanking..
Back when the interests rates were high, it was because more people were employed, more were borrowing money for houses because you could drop out of highschool and get into a decent job/career back then.. Now days, not so much..

I am sorry - I think you don't understand banking.
Trump is talking about the Federal Reserve - the private corporation that loans the Fed Government money for its operations.
NOT YOUR BANK where you save your money.
No one deposits their cash in the Federal Reserve.
Are people really this stupid?
I mean I know that the masses are borderline mentally disfunctional, but wow.

There are a lot of Limousine Liberals and Champagne Socialists throughout the system, from government to corporations.

There is leftwing George Soros, who manipulates Wall Street to his heart's content, and does things like smile as he tells 60 Minutes his time helping Nazis in 1930s Germany.

The major scammer, Bernie Madoff, was another person of the left in the investment community.

Then there are the Michael Avanattis of society, big rip-off artists in similar or other ways.

All of the kind, caring, honest, humane and ethical left.

.

Last Edited by CSnow on 09/11/2019 11:22 AM

They're already here...

YOU are a fucking idiot...

:rere23:

How Negative Interest Rates Screw Up the Economy

Now there is talk everywhere that the United States too will descend into negative interest rates. And there are people on Wall Street and in the media that are hyping this absurd condition where government bonds and perhaps even corporate bonds, and eventually even junk bonds have negative yields. All of that NIRP absurdity is already the case in Europe and Japan.

There is now about $17 trillion – trillion with a T – in negative yielding debt in the world, government and corporate debt combined.

This started out as a short-term emergency experiment. And now this short-term emergency experiment has become the new normal. And now more short-term emergency experiments need to be added to it, because, you know, the first batches weren’t big enough and haven’t worked, or have stopped working, or more realistically, have screwed things up so badly that nothing works anymore.

So how will this end?

[link to wolfstreet.com (secure)]

How Negative Interest Rates Screw Up the Economy

Now there is talk everywhere that the United States too will descend into negative interest rates. And there are people on Wall Street and in the media that are hyping this absurd condition where government bonds and perhaps even corporate bonds, and eventually even junk bonds have negative yields. All of that NIRP absurdity is already the case in Europe and Japan.

There is now about $17 trillion – trillion with a T – in negative yielding debt in the world, government and corporate debt combined.

This started out as a short-term emergency experiment. And now this short-term emergency experiment has become the new normal. And now more short-term emergency experiments need to be added to it, because, you know, the first batches weren’t big enough and haven’t worked, or have stopped working, or more realistically, have screwed things up so badly that nothing works anymore.

So how will this end?

[link to wolfstreet.com (secure)]

And yet they would still be making money from your money.

Stop voting for old people for president. We had the choice between dementia Hillary and dementia Trump in 2016. Now they want dementia Biden vs. dementia Trump in 2020. Dumb.

So how does this affect me?
Right now, it probably doesn’t. While commercial banks get to decide what interest rates to offer customers, those rates are usually based on the federal funds rate set by the Federal Reserve. While interest rates dropped to nearly zero in 2008, at the time of writing, the US has never used negative interest rates.

However, some economists think that it’s time to jump on board with the growing global trend. Pushing interest rates into negative territory could induce more spending and borrowing, stimulating the economy. Implementing a negative interest rate is an attempt to inject more liquidity — more cash — back into markets and ward off deflation.

America’s financial stability
The US banking system continues to benefit from strong overall asset performance. Rising home prices have forced more mortgage lending, which is particularly important to banking stability. Interest rates in the country have also risen as the economy has started to recover from the Global Financial Crisis. However, if they dip back down in the future, the Federal Reserve could decide to implement a negative interest rate. If they did, it would be up to your bank to decide whether or not charge its own negative interest rates.

A negative interest rate could be a way to stimulate the economy, but so far it isn’t something we’ve tried out in the US. Economists are divided over whether or not it would be a good idea — it would encourage spending and inject cash into the market, but it would also make it more difficult for people to save. That being said, even if the federal funds rate dips below zero in the future, there’s no guarantee that banks would pass that savings on to you.

[link to www.finder.com (secure)]

So you love bankers and want them to steal your money?

Low interest rates stimulate growth. It's always been that way.
I find it incredible how many GLPers who on one hand hate bankers, blame them for wars and all the ills of the world, yet at the same time think that Trump is crazy for telling the Fed Reserve to drop it's rate to 0%

There seems to be a lot of schizoids here.

My Grandmother tells me that she made between 15 and 20 percent interest from a regular savings account in a bank back in the 1980s- and it was FDIC insured. How did it go from that to these low-no interest rates now?

NEGATIVE INTEREST RATES ON SAVINGS AN UNAVOIDABLE FUTURE: REPORT

Dutch consumers will start paying interest on their savings accounts in the near future, various analysts told Financieele Dagblad. They describe negative interest rates on savings as an unavoidable future.

The cash that Dutch banks keep and are required to deposit at the European Central Bank currently costs them more than half a billion euros per year, due to the negative deposit interest rate. "Dutch banks together have 138 billion euros in surplus liquidity, and they pay 0.4 percent on that", Elwin de Groot of Rabobank said to FD.

This amount will increase even further if the ECB further reduces this interest rate. The expectation is that the deposit interest rate will gradually be lowered to -0.7 percent in the summer of next year, with the first step taken later this week.

The negative deposit interest rate already costs Dutch banks together 550 million euros per year. The deposit interest ABN Amro pays to EBN, for example, is 120 million euros per year. That is about 5 percent of the bank's annual profit. Dutch banks account for 8 percent of the 7.2 billion euros that ECB charges the banks in the eurozone per year.

ING CEO Ralph Hamers recently mentioned negative interest on savings as an option to cushion the blow should ECB further reduce interest rates, resulting in a furious backlash from customers on social media.

[link to nltimes.nl (secure)]

Danish bank launches world’s first negative interest rate mortgage
Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan

A Danish bank has launched the world’s first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year.

Negative interest rates effectively mean that a bank pays a borrower to take money off their hands, so they pay back less than they have been loaned.

Jyske Bank, Denmark’s third largest, has begun offering borrowers a 10-year deal at -0.5%, while another Danish bank, Nordea, says it will begin offering 20-year fixed-rate deals at 0% and a 30-year mortgage at 0.5%.

Under its negative mortgage, Jyske said borrowers will make a monthly repayment as usual – but the amount still outstanding will be reduced each month by more than the borrower has paid.


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“We don’t give you money directly in your hand, but every month your debt is reduced by more than the amount you pay,” said Jyske’s housing economist, Mikkel Høegh.

[link to www.theguardian.com (secure)]

I fundamentally disagree.
How so?
You love bankers? You want them to charge your government interest on money that they loan to the Government?
It is stuff like this that got JFK murdered because he dared threaten the Fed Reserve.
I find it incredible how stupid people here are who are defending the bankers and want the bankers to rape the American tax payers.
Wow.
Just wow.
Or GLP is full of shills.

the only thing that is dumb is your thought process...

go shill somewhere else

But interest will still be charged TO people. Maybe more can borrow at the rates, but it will all add up for the banks.

No, I think you are an idiot who doesn’t understand they are going to take everyone’s wealth, one way or another. And physical silver and gold won’t mean shit when they tell you to take the chip in your forehead.

President Trump is trying to give the economy one last boom before the biggest bubble pops.

The bubble we are in has been long time coming. Pretty much since Nixon took us off the Gold standard in the early 1970s. The 2008 crash nothing was fixed with all the bailouts, TARP, QE 1,2,3, infinity, etc...

The Fed is now boxed into a corner. Here is the catch, they have known this all along....

You keep hearing "Level Playing Field". When there is a Global Reset a lot of the debt will go into the NEW ASSET CLASS that will UPGRADE the existing FIAT currencies. We know them as Bitcoin and Digital Assets.

The New York Stock Exchange parent company The Intercontinental Exchange will open the first Wall Street Crypto/Digital Asset Exchange on September 23rd or 12 days from now. You think this is co-incidence or they have known the entire time.

Now you know why President Trump is doing the bi-lateral trade agreements. The financial system of the world is going to change over the next 10 years. You will be able to send money anywhere in the world at the cost of 1 /0,000 of a penny, and it will "instantly settle". Instead of people getting paid every 2 weeks. People will get paid every day or every hour. Everything will be tokenized and over the next 20 years it will be the new stock market. This is just a little bit of what is to come. It is much more, but it will get us out of this mess that we have been in for a very long time.

Anyway, President Trump knows this. So they are just trying to kill the economy. That way we can go to the new digitized economy. This will happen gradually over the next two to three decades.