More specifically, reliable records of interest rates start about 3,000 years ago. We have *never* in all of this recorded human history seen interest rates as low -- indeed negative! -- as they are today.https://twitter.com/maxkeiser/status/1161000868784877570 …
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End central banking! End the fed!
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I should point out, though, that at least a few negative interest rate folks have some very ambitious plans for extending the journey even further into unknown territory, in the form of "deeply negative" interest rates and extreme anti-cash measures.
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Bond market thinks they go even lower. Dec bond skew 30 tics to the call
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I don't recommend shorting anything a central bank might buy in a fiat currency. The central banks can keep conjuring fiat out of thin air to buy bonds (etc.) far far longer than anybody else can remain solvent.
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Central Banking will end when Lawmakers will have lost the 'muscle power' to coerce people into submitting to gradually empooring rules/laws
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Ok, in a way, on an abstract level; but the 'Threat' of physical violence is the ultimate underwriter to crystalize and stabilize the change in reality,,, IMHO :)
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Nick, have you ever heard about globalism?! Central banks will never end, they just will change their shape. Read jim rickards, book the road to ruin....
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