|
Pittsburg, Kansas | http://www.zerohedge.com/news/2016-01-31/citi-why-negative-rates-ar...
It is amazing how quickly the public get normalized to whatever the current conditions are. Ten years ago negative rates would not even thought to have been possible. If someone here on Ag Talk would have suggested we would one day have negative interest rates they would have been scoffed at.
Now not only is it "normal", we are waiting around for our turn in the US to do it and to see just how negative they can actually go.
It just keeps getting nuttier every day. Kind of reminds me of the Emperor without any clothes story. How long will it take for the public to see that the central banks are running naked?
John | |
|
Japan goes negative interest.
