Thursday, February 18, 2016

What is negative interest rate policy or NIRP?

More and more major central banks around the world are experimenting with this policy. 

Do you know that this is something new that has never been tested before?  

Some say this "are signs of "policy exhaustion" from monetary authorities", "dangerous experiment" and "sign of desperation, a signal that traditional policy options have proved ineffective"

According to Jim Rickards, NIRP are symptoms of currency wars intensified. "Stock markets are spooked, and investors are piling into Treasury bonds and gold." Where will this lead to?

Here's what Jim says

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