ECB Prepares to Launch Negative Interest Rate to Battle Low Inflation!

• The idea that there is low inflation is propaganda! Watch for hyperinflation, the destruction of fiat currencies! This may be an attempt to hide the collapse of the US dollar by weakening the Euro.
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• ECB prepares to launch fresh tools to battle low inflation! 
  by Szu Ping Chan, http://www.telegraph.co.uk/ 
  Mario Draghi to unveil package of measures next week to stimulate growth and fight threat of deflation
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  The European Central Bank is preparing to take monetary policy into uncharted territory this week as it fights to prevent the 18-nation bloc from being sucked into a Japanese-style deflationary trap.
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  Mario Draghi, the president of Europe’s central bank, is expected to unveil a package of measures designed to boost eurozone lending and stimulate growth, including reducing one of its key interest rates to below zero.
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  Analysts expect the ECB to introduce a negative deposit rate, meaning the central bank would charge lenders to hold money with it overnight. Such a measure has never been introduced by a major central bank, although Sweden and Denmark have set negative rates on reserves.
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  At the peak in 2012, nervous lenders parked a record €827bn (£672.7bn) overnight at the ECB, preferring to deposit new cash back with the central bank in order to guarantee safety. However, current data show that just €33.23bn was parked at the ECB overnight on Thursday.
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  The ECB is also expected to cut its main interest rate to 0.15pc, from 0.25pc. “We are ready to act,” Vitor Constancio, the ECB’s vice president, said on Friday. “We are not complacent about the risks from a protracted period of low inflation.”
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