Negative Interest Rates

[ZARDOZ]

A good idea?

Bank of Japan launches negative interest rates | Business | The Guardian

Negative rates could have the same effect for borrowers as a rate rise and savers will be worse off. Bad idea.

[AtW]

Mario Kart?

Tokyo drift...

[DimPrawn]

If they set the rate to -infinity they can legitimately take all cash instantly as payment.

What deficit?

[ChimpMaster]

Fast trains though, little traffic on roads - nice racing at night time, what's not to like ...

Mario Kart?

[AtW]

Japan did this, they ended up with 5 motorways each, no real economic progress, 90% negative equity in property and deflation for 20 years.

Fast trains though, little traffic on roads - nice racing at night time, what's not to like ...

[AtW]

So companies will spend their reserves.

You mean they are not spending them on paying dividends now, before UK tax resident shareholders (AKA mugs) get robbed from next April?

[ChimpMaster]

Japan did this, they ended up with 5 motorways each, no real economic progress, 90% negative equity in property and deflation for 20 years.

And a lot more manga porn.

[DimPrawn]

The whole mess could have been avoided if the governments used QE to invest in construction / infrastructure projects instead of the banks. It was an obvious move.

Japan did this, they ended up with 5 motorways each, no real economic progress, 90% negative equity in property and deflation for 20 years.

[scooterscot]

The whole mess could have been avoided if the governments used QE to invest in construction / infrastructure projects instead of the banks. It was an obvious move.

[BrilloPad]

So companies will spend their reserves. By investing money abroad.

They should have introduced exchange controls too.....

[PurpleGorilla]

A good idea?

http://www.theguardian.com/business/...e_iOSApp_Other