TODAY MAY 5 2020, for the first time in US History Fed Funds futures point to negative rates here in the USA.
Negative Rates means the Bank will charge you to lend them your money.
Negative Rates means anyone trying to save money will be fined, and that money will then be given to Hedge Funds and Private Equity for free to buy up all the real estate you can no longer afford to live in.
That is what had been going on with Negative Real Rates. But Negative Absolute Rates means the process will be put on steroids, bankrupting the working/saving classes and enriching the investing/gambling class
Negative Rates mean the economy is irrevocably broken.
Got gold?
No comments:
Post a Comment