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Thread: Negative Interest Rates ---how?

  1. #1

    Default Negative Interest Rates ---how?

    Swiss, Sweden now have negative interest rates for some time. What is happening to Swiss and Swedes day to day? Is their capital flight out or into these countries? Is their flight to gold? What of the standard of living for individuals, especially under 30?
    Hard to grasp...

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  3. #2


    Quote Originally Posted by LibForestPaul View Post
    Is their capital flight out or into these countries?
    I couldn't say what's going on there right now, but Switzerland's negative rates a few years ago were the result of massive capital inflows. Risk off, sell everything, put in the bank; with enough demand for bank deposits, banks can charge interest rather than paying it. It sounds ludicrous, but actually makes sense for large enough accounts. Withdrawing $1 billion in cash, transporting it, safely storing it, etc, would cost a lot more than -0.1% APR for a month.
    "The program of liberalism, ...if condensed into a single word, would have to read: property..."

    -Ludwig von Mises

    "Patriotism, not nationalism, should inspire the citizen. The ethnic nationalist who wants a linguistically and culturally uniform nation is akin to the racist who is intolerant toward those who look (and behave) differently. The patriot is a "diversitarian"; he is pleased, indeed proud of the variety within the borders of his country; he looks for loyalty from all citizens. And he looks up and down, not left and right."

    -Erik Maria Ritter von Kuehnelt-Leddihn

    "All the odds are on the man who is, intrinsically, the most devious and mediocre the man who can most adeptly disperse the notion that his mind is a virtual vacuum. The Presidency tends, year by year, to go to such men. As democracy is perfected, the office represents, more and more closely, the inner soul of the people. We move toward a lofty ideal. On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron."

    -H. L. Mencken

  4. #3


    It is true . I will store your gold , weapons and ammo for a fee .

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