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The End Of Usury | |
niphtrique
Offer Upgrade User ID: 67357959 Netherlands 06/01/2017 12:32 PM Report Abusive Post Report Copyright Violation | The End Of Usury Interest rates have gone down in recent decades. Most economists think that they will go up again. But what if the opposite happens? What if negative real interest rates become the new normal? That seems unthinkable. Yet, negative interest rates are inevitable unless something bad happens. And that something bad can be an error from the part of our political and economic leaders. [link to www.gold-eagle.com] Low interest rates are wonderful because: • We can all be wealthier with lower interest rates because more capital will be profitable. Wealthy countries like Switzerland have negative interest rates while poor countries like Venezuela have high interest rates. • We can make the economy sustainable with lower interest rates. That is because future income is discounted at the prevailing interest rate. With positive interest rates the future has a lower value than the present. With negative interest rates, the future has a higher value of the present. • Lower interest rates can reduce income inequality. Wealthy people make their money with capital. If interest rates go lower, their share of total income will probably drop. • Low interest rates require and promote financial discipline because it is attractive to borrow at negative interest rates. For example, Germany can borrow at negative interest rates because creditors trust Germany. [link to www.gold-eagle.com] Is it going to happen? What do you think? |
Anonymous Coward User ID: 63886481 United States 06/01/2017 12:36 PM Report Abusive Post Report Copyright Violation | |
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