MINUS 10 percent interest rates
nothing to add here...https://www.imf.org/en/Publications/WP/Issues/2019/04/29/Enabling-Deep-Negative-Rates-A-Guide-46598 …
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Sadly many people don't care to be shorn,..until they realize they're almost completely naked. The mindset of trusting the authorities with everything is very common; even if it's obvious "treating diabetes with mountains of sugar"-politics.
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To avoid alarming people, they suggest a boiling-the-frog strategy: get people used to very small negative interest rates and "rental fees" for paper money first. Big haircuts using same mechanisms come later.
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Yeah, financially speaking the boiling has already begun long ago. I wonder what it'll look like when the "bubbles" can be overseen by anyone anymore and come to pop up.
- End of conversation
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