For the full article go to the following link
http://finance.yahoo.com/news/feds-janet-yellen-mulls-negative-interest-rates-183711629.html
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has been posted for Educational Purposes Only. Do your own work and
consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
I have been watching this since the early Spring when Yellen gave a speech about interest rates to a college audience. Wherein she said that the tipping point in the old algorithm of economic stimulus or inflation restraint was 2%, she believed the tipping point was 0%. A red light started to flash over my head, "She's prepping us for negative interest rates." I said.
ReplyDeleteI think so...
DeleteWhere to place your money next so you do not pay the banks to hold your money !
Also, to stay miles away of a "Bail-in" of the banks !
Buying hard assets is one option.