Friday, February 12, 2016

NIRP

Apparently already implemented in several European countries, this proposed banking policy goes hand-in-hand with getting rid of cash. I first mentioned ZIRP & NIRP a few years ago in this blog, but now it looks like they're going for the jugular.

Here Zerohedge says it's a certain way to crash the system (which is what Bix Wier says they're trying to do):

http://www.zerohedge.com/news/2016-02-12/nirp-doom-loop-threatens-wipeout-banks-and-global-economy

Well, that's one way of stopping the ecology from crashing! A little drastic, perhaps...

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