RE: Central Banks Need To Aim For Higher Inflation Rates Say "Experts"

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Central Banks Need To Aim For Higher Inflation Rates Say "Experts"

in politics •  8 years ago 

Negative interest rates are far more serious than just dabbling. The markets can't cope. the United Kingdom have lowered their interest rates, along with Australia. Switzerland are already into negative territory with the EU to follow suit with lowering interest rates and more quantitative easing. The US Federal Reserve planned to raise rates 4 times in 2016 and they can't even muster a paltry 0.25%. The effects of Brexit on the global economy was just the start, the system isn't working and we are due a huge correction. The market WILL collapse and a new depression the likes of which has never been seen is on the cusp of snatching the lives of ordinary people who are oblivious to the events unfolding around them.

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you are right it is very serious and I sure hope that such a self-destructive policy doesn't make its way over here .. going to get a lot worse before it gets any better