Negative Rates

[Ache4Acres]

All of the above rare earth. You are bang on. They have been doing those things for 20 years..why stop now??

[ajl]

All of the above rare earth. You are bang on. They have been doing those things for 20 years..why stop now??

Canuckistan has been doing QE since the late 1960's. This is how PET bought elections in the 70's by bribing folks with freshly printed money. This combined with the oil shock of 1974 resulted in hyper inflation in the early 80's and central bankers had to stop printing money for a while. We know what happened next. Since the late 90's and especially after 2008 the printing presses have been going non stop. If they stop now, look out below. This is how a third world nation like canuckistan can look like it is first world.