Friday, July 01, 2016

The Absurd Concept 
Of Negative Interest Rates
OtterWood Capital's Christine Hughes explains the absurd concept of negative interest rates & what they are doing to the global banking system .. 7 minutes

1 comment:

Anonymous said...

Banking crisis maybe but not before there is a life insurance and defined benefit pension fund crisis.

You see someone a long long time ago figured out the cost of benefits to be paid now. In order to do that they assumed a return on money i.e. interest rates. Now ten years ago (for example) do you think anyone would have presumed negative interest rates. They would have been called a lunatic.