From ZIRP To NIRP – Accelerating The End Of Fiat Currencies
From ZIRP To NIRP – Accelerating The End Of Fiat Currencies Submitted by Alasdair Macleod via GoldMoney.com, via www.zerohedge.com The sudden end of the Fed’s ambition to raise interest rates above the zero bound, coupled with the FOMC’s minutes, which expressed concerns about emerging market economies, has got financial scribblers writing about negative interest rate policies …