Re: Negative and near-zero rates have extremely deleterious effects
While your analysis isn't bad, it skips the elephant in the room that the FED and other interest setting orgs DON'T want us to talk about.
The whole theoretical reason we went on this bender was they were worried about us going into a deflationary period. Is there anything more deflationary than having to pay some negative interest rate on top of all the other banking fees?
Biting the hand that feeds IT
