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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 | 38 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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