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Re: "Money's Not Worth Anything Anymore" - Ex-Credit Suisse CEO Blasts "Crazy" Negative Rates 

By: capt_nemo in POPE 5 | Recommend this post (1)
Mon, 07 Oct 19 9:08 PM | 68 view(s)
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Msg. 41691 of 62138
(This msg. is a reply to 41686 by Decomposed)

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Provide an accurate answer to the question of what today's dollar represents and you'll also have answered the question of whether it is worth anything.


WELL I can still buy things just takes more money to buy the same thing every year, hmmmmmmmmmmmm That's a tough one DE!!!




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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Re: "Money's Not Worth Anything Anymore" - Ex-Credit Suisse CEO Blasts "Crazy" Negative Rates
By: Decomposed
in POPE 5
Mon, 07 Oct 19 6:26 PM
Msg. 41686 of 62138

Nemo:

Re: "“Negative interest rates are crazy. That means money is not worth anything anymore,� Gruebel exclaimed."
Provide an accurate answer to the question of what today's dollar represents and you'll also have answered the question of whether it is worth anything.


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