Friday, January 24, 2014

Negative interest

Electronic Money – Coming Everywhere Sooner than you Think




When Larry Summers said interest rates should be negative, he was flying a balloon to see how it was taken. Negative interest rates are coming. When the economy turns down after 2015.75, they cannot lower rates that are already too low, so in their mind, they have to go negative. You will be taxed effectively on money you do not spend.

Of course, the mainstream press only put out the propaganda that government wants anyhow. I cannot telling how many talk about the top 1%, how guns on the streets are dangerous, and a host of other issues. Of course, taxes are going to be raised dramatically!

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