Wednesday, November 04, 2015 11:26:53 AM
my thought was much simpler:
the banks and corps have overborrowed,
can't pay down their debts
and would be squeezed painfully if the interest rate rose.
QE4 plus neg interest rate would induce a flood of free money
which the banks/corps could use to pay down their debts
while actually getting paid to have the new loans (due to neg rates).
of course, all of this would be at the expense of the future value of the USD.
but i doubt the banksters worry too much about the long-term fate of us peasants...
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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