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Japan goes negative interest.
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John Burns
Posted 1/30/2016 21:09 (#5075868 - in reply to #5074258)
Subject: RE: Japan goes negative interest.



Pittsburg, Kansas
Ih smoke you give me way too much credit. Just ask Idea1947, he will confirm it.

But thanks for the kind words.

Negative interest is so far out of this world it just does not compute in my head. I read about stuff, good ideas, about what might or might not happen but the reality is no one really knows. A few short years ago negative interest might have been an academic novelty but would have thought to be an impossibility in actual practice. We are truly in uncharted waters.

I think central banks are just flying by the seat of their pants at this point. Just trying to keep the system from imploding.

John
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