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The failure of negative interest rates  

By: Zimbler0 in POPE IV | Recommend this post (2)
Sat, 20 Feb 16 12:14 AM | 47 view(s)
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The failure of negative interest rates is a devastating intellectual defeat for conservatives

http://www.businessinsider.com/failure-of-negative-interest-rates-intellectual-defeat-for-conservatives-2016-2

It took just seven days for almost everyone in economics to agree that negative interest rates are a failure: They have not achieved their goal of flushing cash out of the banking system to fuel inflation and growth through cheap credit.

That lesson will be difficult for conservatives to swallow.

>>>

Zim: Article does continue.
However, I am certain that it is mostly another propaganda
piece for the left wing socialist fruitcakes.

I can't say for certain if the right wing conservatives
created negative interest rates and other assorted stupidities . . . .

But I can say most certainly that it is left wing socialists
and their hanger-ons who are bent on stealing everyone
on the planet blind with them.

Zim.




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Mad Poet Strikes Again.


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