Negative rates defy gravity | PunkFT

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1. What a Desperate act no other solution? We're on our way to a world collapse it's going to get ugly.
2. Secular stagnation in full swing!
3. love it.
4. "central banks buy securities for cash.. hoping that the new cash in people's pockets would..."
   
   What new cash in peoples pockets? Either the writers are idiots or they think people are idiots to buy this nonsense. Central banks pushing QE helps noone but large banking corporations. Not the common man. If anything it makes life harder as savers don't get anything and borrowers still have to pay for loans..
5. No no no. The banks are getting paid for borrowing from central banks not "some people", what economist wrote this script ?! The people still have to pay to borrow from the bank... Although at lower rates. That means bankers can take a cut from that if they want but as they push loans to their clients even more it is also easier to get one. Right now we are stuck because:
   a) as the video outlined they poured money into the financial markets, what the video didn't say is that it marginally helped the middle class, aka the main consumer base, recover.
   b) people that do have money to spend are either saving (thanks austerity measures) or waiting to see if rates drop even more to spend it. You might get better rates in some months if you take a loan for a house for example, or not...
6. I love this idea that people find they have less to pay on their debt, and so automatically decide to spend it instead as disposable income. How about overpaying the debt, exploiting the low rate environment to clear the debt altogether?
7. this is literally just sugar coating negative rates for dumb fuck millennial generation. Cool use of cool artwork bro. FUCK YOU.
8. god what a load of fucking shit. the reason people aren't going out and spending is because they actually don't have any fucking money. where is all their money? spent paying off ludicrous mortgages and auto loans.
9. So now they can never raise rates because people will be so in debt it would devastate them
10. This video is garbage. At the end his argument is, "No problem yet, therefore the policy is good".
    
    Central banks printing money to buy bonds only drives up asset prices and encourages debt leveraged speculation.
11. I liked the video, but not the message. It is true I have money in the bank earning not much interest, but when they start charging for keeping my my money; I do own a shovel!
12. Negative rates. A baseball bat to the heads of banks and the corporate sector to help get them competitive. They have to try something other than share buy backs, and carry trade spreads with moribund Japan.
13. This is your brain on central banks.
14. Still many of the economic theories are in ideal situation without account for many important factors.
15. he teaches better than Paul Samuelson or M Friedman
    good job
16. These policies are perverse. This can't end well for the little guy.
17. I do say, I like your artist's work.
18. They defy everything in economics and logic.
19. the rate should be -50% lol.
    the loan would pay for itself.
    just borrow money forever.