OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Negative Interest Rates!

Posted by Ororeef @ 17:32 on February 17, 2016  

Isnt that the same as a CONTRACTION in the money supply  ..If your bank takes 1 % of your account isnt that a contraction of the money supply to the PUBLIC yet it saves the BANKS and gives them some of your money !  The BANKS dont spend money they LOAN it which means they use it to increase YOUR DEBT. at the same time they contract the money supply …..DID anybody read MILTON FRIEDMANS BOOK !    “THE GREAT CONTRACTION ”  !    It literaly defines whats called a DEPRESSION  !   Thats about as EVIL as anybody can GET…!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.