Negative interest rates are here, could they come to the US

[Hatedbysheeple]

Traders said the Dow’s surge was driven by the Bank of Japan’s surprising decision to join the European Central Bank and the central banks of Sweden, Denmark and Switzerland in negative interest-rate territory. Before the financial crisis, the move was seen as unthinkable, but it is increasingly common now.

http://www.wsj.com/articles/stocks-r...cut-1454058269


I wonder if the fed will follow suit or let these "little" guys take the hit first hoping it will save the global market. If they did, I would expect a run on banks.

[5.56NATO]

I suspect this nirp move is the last ditch effort of the central banksters at squeezing a few more billions out of the world before they take the whole thing down and replace it with a cashless currency. It seems to also indicate that qe no longer has any effect other than debasing the present currency value. Nirps try to force depositors to do something with their money other than keep it in the bank and be charged by the bank for holding it, wich is in direct opposition to what the fed has done before hand; paying a higher interest rate on billions held by various banks by the banks themselves. Since these banks make more money by keeping it in the fed bank than lending it out, you can be sure the banks aren't doing much lending. All in all, the entire thing is a mess that they (banksters) created and control, so that they can spring implantable id chips on us as the solution to everything. They know exactly what their policies will result in, none of this is left to chance. They play the market like an instrument.

https://socioecohistory.wordpress.co...mist-magazine/




And speaking of instruments;
European Central Bank (ECB) President, Mario Draghi, used the platform to assure investors he’ll do whatever further is needed to reach his absurd inflation goal: “We’ve plenty of instruments,” said Draghi. “We have the determination, and the willingness and the capacity of the Governing Council, to act and deploy these instruments.”

Central bankers love to use words like instruments and tools to describe the methods and strategies available to them because it makes what they actually do appear less primitive. But truth be told, the only instrument or tool central banks have is the impious power to create money and credit by decree.
http://kingworldnews.com/the-unleash...omic-meltdown/

[5.56NATO]

Iceland forgives entire population its debt. Total US media blackout.
Finally serious economists are considering a position I have been maintaining and writing about since the 2008 financial meltdown. Whatever its name— erasure, repudiation, abolishment, cancellation, jubilee—debt forgiveness, will have to eventually emerge forefront in global efforts to solve an ongoing systemic financial crisis. The US Rothschild Controlled Media (RCM) has completely BLACKED OUT/CENSORED any news about Iceland’s DEBT FORGIVENESS. If you Google “ICELAND FORGIVES ENTIRE POPULATION OF MORTGAGE DEBT” you will get ‘About 359,000 Results’. Not one of them is a Media Outlet in the US. Not one single Major or Minor news outlet in America has mentioned a single word about this story. This is TOTAL MEDIA CENSORSHIP and a TOTAL MEDIA BLACKOUT, and it should tell you who owns and runs the Media in America. We are allowed to see a tortured, bleeding, dying Gaddafi anywhere, but we are not allowed to know about Debt Forgiveness.
http://www.disclose.tv/news/iceland_...lackout/127307

[5.56NATO]

The Fed Wants to Test How Banks Would Handle Negative Rates
As interest rates turn negative around the world, the Federal Reserve is asking banks to consider the possibility of the same happening in the U.S.

In its annual stress test for 2016, the Fed said it will assess the resilience of big banks to a number of possible situations, including one where the rate on the three-month U.S. Treasury bill stays below zero for a prolonged period.

"The severely adverse scenario is characterized by a severe global recession, accompanied by a period of heightened corporate financial stress and negative yields for short-term U.S. Treasury securities," the central bank said in announcing the stress tests last week.

In that particular simulation, the unemployment rate doubles to 10 percent, the same level it reached in the aftermath of the last financial crisis.
http://www.bloomberg.com/news/articl...o-test-in-2016