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The End Of Usury

 
niphtrique
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User ID: 77025818
Netherlands
02/27/2019 06:42 AM

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The End Of Usury
Negative interest rates may be the future. Interest rates have gone down in recent decades and neared zero after the financial crisis of 2008. Many economists believe that interest rates will go up again at some point. But what if that doesn't happen? What if low and negative interest rates become the new normal? Several factors contributed to low interest rates. These factors do not go away when interest rates reach zero.

The abundance of capital may be accompanied by wealth inequality as the wealthy are more inclined to save and invest. The more income is redistributed from the wealthy to the poor, the higher interest rates can be as poor people tend to consume a larger part of their income. Hence, there will be fewer savings and interest rates can be higher. If governments fail to redistribute income, markets may react with negative interest rates so that wealth is redistributed from those who own assets to those who are in debt.

More:

[link to www.naturalmoney.org]
Anonymous Coward
User ID: 66483011
Australia
02/27/2019 07:03 AM
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Re: The End Of Usury
What does it matter when so many live from paycheck to paycheck with no savings?
Anonymous Coward
User ID: 77399796
United Kingdom
02/27/2019 07:05 AM
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Re: The End Of Usury
What does it matter when so many live from paycheck to paycheck with no savings?
 Quoting: Anonymous Coward 66483011


It gets the last few that don't.





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