The Daily Messenger

Negative Interest Rates: A Tax in Sheep’s Clothing … A negative interest rate is just a tax on the banks’ reserves. The tax has to be borne by someone: The banks can choose not to pass it on and just have lower after-tax profits. This will depress the share price of banks and weaken their balance sheets by having lower equity values.

 Thoughts from around the internet.. .everyone sees what cashless and NIRP really mean - CONTROL AND THEFT OF WEALTH. ------------- Givi...