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it is quite common sense that to discourage hoarders and encourage spending, thereby stoking inflation (and reaching 2% target rate) - they need to take interest rates substantially below zero to discourage people from putting cash in their banks.  And on the flip side,  they need to prevent people from hoarding cash at home.

this should be achieved by
- making cash illegal and making all transactions cashless
- making sales of safes illegals
- make cashless transaction machines available to hawkers and mom & pop stores
- making cash-alternatives illegal - eg. silver and gold, through mandated confiscations and forced exchange into electronic cash values at arbitrary rates

if interest rates were -6%,  everyone would be forced to either spend or invest their monies .... this would be positive for stocks and properties ......

huaaaaaaaaaaat arrhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
« Last Edit: August 28, 2016, 09:50:00 am by beaverjuice »
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."