You are viewing a single comment's thread from:

RE: Negative rates: Planned downturn?

in #leofinance5 years ago

Sure, no problem. I think negative rate mortgage will never become accessible, because in that case, everyone would take maximum mortgage and financial system would crash in matter of days. In EU, banks have negative interest rate (between themselfs - night loan between banks ), but not between banks and usual Joe. What that will do in US, same as in EU and Japan (and also many other countries) is that...banks will not loan any money to each other anymore, because that would mean a loss for the one who loans money out. Instead, banks "print" (create) their own money and keep it. And what that does is massive buyback and massive buying of everything that still have value. You can see that in US with FED, but in EU and Japan that's happening for few years. That's also why stocks do not fall.