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royg1927

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royg1927

Re: None

Friday, 01/29/2016 1:37:55 PM

Friday, January 29, 2016 1:37:55 PM

Post# of 5649
Japan has moved to negative interest today. They have to pay banks to hold their money.

See "The Death of Money", Rickards, pages 183-184 and others, especially about Japan.

There has been talk about this possibility, but we now have one actual case. Which is not to say that Japan's effect will (or should) have similar results elsewhere.

Deserves watching.

Recommend the book. Rickards is not an amateur.

Roy

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