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RE: As a Dutch person, negative interest rates feel so wrong.

in #exyle6 years ago (edited)

But if you ask me honestly, I personally don't understand negative interest rates at all.

That’s a good sign because negative interest rates would only make sense to a clinically insane person.

They’ve spread through much of the relatively healthier Eurozone countries and even Alan Greenspan, former head of the Federal Reserve Bank, has suggested their adoption in America.

Negative interest rates benefit nobody except banksters and governments. They all but invite cashless society where every transaction is monitored and taxed.

A while back, @maneco64 did a great video about the effects of negative rates.

But I also, fully understand why some people prefer gold and silver or other precious metals for the same reasons.

Personally, I’m all-in with crypto and metal (particularly silver).