TSX:HSE.PR.B - Post by User
Comment by
Nakateon Jun 09, 2020 9:57pm
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Post# 31131531
RE:RE:RE:RE:Why Negative Rates Most likely not going happen here....
RE:RE:RE:RE:Why Negative Rates Most likely not going happen here....Governments love negative rates there cost for the printing / borrowing of money is minimal. This is the main reason rates are so low. Now back in the 1980's when the last time interest rates spiked the cost of goods was 10% of what they cost today and wages were more inline with prices, 40 years later money supply inflation has increased a 1000% wages have not kept up but at 1 % rates for interest a person who's net worth has managed to benifit from that 1000% inflation rate now earns a decent return the equivelent of 10% while there labour cost and cost of goods have plumeted making the rich richer and the poor poorer. It seems so bizzare but it is what it is. You have to risk it all to get a decent return on investment while the elite sit back and laugh at the masses struggling to make ends meet. Mic drop lol