Re: negative bank rates
[Re: rex123]
#6617721
09/15/19 04:09 PM
09/15/19 04:09 PM
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Joined: Dec 2006
Posts: 20,958 St. Louis Co, Mo
BigBob
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Posts: 20,958
St. Louis Co, Mo
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As in: they charge YOU for keeping Your money and investing it to keep the profits?
Every kid needs a Dog and a Curmudgeon.
Remember Bowe Bergdahl, the traitor.
Beware! Jill Pudlewski, Ron Oates and Keven Begesse are liars and thiefs!
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Re: negative bank rates
[Re: rex123]
#6617749
09/15/19 04:57 PM
09/15/19 04:57 PM
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Joined: Dec 2018
Posts: 5,214 Crivitz WI
Sprung & Rusty
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Crivitz WI
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People would stop putting their petro dollars in the banks then and banks would not have any fiat currency to loan out.
No Jab.
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Re: negative bank rates
[Re: rex123]
#6617926
09/15/19 08:16 PM
09/15/19 08:16 PM
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Joined: Aug 2011
Posts: 45,263 james bay frontierOnt.
Boco
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Posts: 45,263
james bay frontierOnt.
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Its to get the hoarders to spend. As you hold it, it shrinks,so better to spend it quick.
Last edited by Boco; 09/15/19 08:18 PM.
Forget that fear of gravity-get a little savagery in your life.
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Re: negative bank rates
[Re: Boco]
#6618058
09/15/19 10:03 PM
09/15/19 10:03 PM
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Joined: Dec 2010
Posts: 11,135 Armpit, ak
Dirt
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Posts: 11,135
Armpit, ak
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Its to get the hoarders to spend. As you hold it, it shrinks,so better to spend it quick. Just put it in my mattress, it will lose less value. I can take cash out and play with it everyday.
Who is John Galt?
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Re: negative bank rates
[Re: rex123]
#6618066
09/15/19 10:10 PM
09/15/19 10:10 PM
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Joined: May 2010
Posts: 10,421 mn north of blakely
Steven 49er
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Joined: May 2010
Posts: 10,421
mn north of blakely
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NIRP is bad policy. Trump has spoken out in favor of it.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: negative bank rates
[Re: rex123]
#6618319
09/16/19 11:18 AM
09/16/19 11:18 AM
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Joined: Dec 2010
Posts: 11,135 Armpit, ak
Dirt
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Posts: 11,135
Armpit, ak
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Demand for US treasuries is up and yields are down? I don't speak this language well, but isn't this the same as demand is up and prices are dropping? Or are you saying bond rates are dropping because bank interest rates are dropping, but they are more attractive at record lows because bank rates are pitiful?
Who is John Galt?
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Re: negative bank rates
[Re: Dirt]
#6618381
09/16/19 01:07 PM
09/16/19 01:07 PM
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Joined: Mar 2007
Posts: 35,124 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,124
McGrath, AK
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Demand for US treasuries is up and yields are down? I don't speak this language well, but isn't this the same as demand is up and prices are dropping? Or are you saying bond rates are dropping because bank interest rates are dropping, but they are more attractive at record lows because bank rates are pitiful? The PRICE of a bond moves inversely to the yield. Demand goes up....so does the price. But the yield moves ... down because the RATE (amount you receive quarterly) stays the same. It's a simple percentage
Mean As Nails
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Re: negative bank rates
[Re: rex123]
#6618620
09/16/19 08:16 PM
09/16/19 08:16 PM
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Joined: May 2010
Posts: 10,421 mn north of blakely
Steven 49er
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trapper
Joined: May 2010
Posts: 10,421
mn north of blakely
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Trade deficits are beneficial to a consumer driven economy.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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