Zim: I have come to the conclusion (as espoused by Decomposed)
that inflation is a way by which 'government' (crooked politicians?)
Steal 'We the Peoples' money.
And, I'm starting to wonder if these 'negative interest rates'
aren't a way for 'them' to achieve the same objective.
The best hope for success, however, lies in foreign-exchange markets. Negative rates might send investors in search of better returns abroad, leading to depreciation of the currency. That would raise the price of imports, helping to combat deflation and giving a growth-enhancing boost to exporters. Since the ECB introduced negative deposit rates the euro has fallen against the dollar by nearly 20%.
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