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Napanee, Ontario | subsidized debt. hahaha, what a time to be alive John. making history in the new millennium with negative yields. Yeehaw indeed
The concept of negative yield is just asinine. You don't need to be a scholar to realize that something is horribly broken in the model when you have to pay someone to lend them money.
it's like a joke you'd hear on a circle of buddies on the schoolyard. But we're all living it now.
"voluntary abandonment"
that's what raising rates would be. Or better, letting the market do its actual job and removing central banks and reforming the entire monetary system structure altogether. It obviously needs a massive overhaul.
So we don't have a system where we have to pay people to loan them money.
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No Rate Increase Again
