RE: US Interest Rates Headed to NegativLand

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US Interest Rates Headed to NegativLand

in steemleo •  5 years ago 

Negative interest rates are a precursor to rampant inflation. Any surprise that gold went past the $1,500 support line?

steemleo
5 years ago by

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      ·  5 years ago 

    Yeah, that's the whole point of NIRP. Central bankers would rather have inflation than deflation. We are pretty accommodating right now and basically have no real inflation. That's why I'm making this prediction. It's basically fated to happen at this point.

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