so watching cnbc on negative rates if that is true we will have
a depression not recession. do you think the folks will pay the
goverment to put their money in the bank. i still think this is
America but i am also glad i lived when i did..feel sorry for my
grand kids.. we were not smart to start with doubling debt from
08/09 now we have no choice unless we let it collapse. so also dont
think we have this inflation and the gold trade more like
deflation.
Negative rates will force people to be in the market because
they do not want to pay to have their money in the bank. This
will create an even larger bubble that wont end well again, which
will create inflation down the road. Have to trade for today
but be mindful of the set up in the future so you can see the
little signs ahead to know which direction to start moving in.
It might be the biggest transfer of wealth. We need
to teach young people about money management, austerity, staying
out of debt, etc...To not listen to people on CNBC who are pushing
their own agendas, etc.. That supply and demand is BS, it is
Fear/Greed that rule the markets, etc..Start a new generation
of
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so watching cnbc on negative
Posted by RP on 7th of May 2020 at 02:21 pm
so watching cnbc on negative rates if that is true we will have a depression not recession. do you think the folks will pay the goverment to put their money in the bank. i still think this is America but i am also glad i lived when i did..feel sorry for my grand kids.. we were not smart to start with doubling debt from 08/09 now we have no choice unless we let it collapse. so also dont think we have this inflation and the gold trade more like deflation.
Negative rates will force people
Posted by ssaffer on 7th of May 2020 at 03:02 pm
Negative rates will force people to be in the market because they do not want to pay to have their money in the bank. This will create an even larger bubble that wont end well again, which will create inflation down the road. Have to trade for today but be mindful of the set up in the future so you can see the little signs ahead to know which direction to start moving in. It might be the biggest transfer of wealth. We need to teach young people about money management, austerity, staying out of debt, etc...To not listen to people on CNBC who are pushing their own agendas, etc.. That supply and demand is BS, it is Fear/Greed that rule the markets, etc..Start a new generation of