"Central bankers around the world have been increasingly using negative interest rates to prop up inflation and support their economies, but Rogers said the moves aren't working. He said they are simply trying to rescue stock markets and help brokers keep their Lamborghinis. "The mistake they're making is, they've got to let the markets sort themselves out," he said. "It's been over seven years since we've had a decent correction in the American stock market. That's not normal ... Markets are supposed to correct. We're supposed to have economic slowdowns. That's the way the world has always worked. But these guys think they're smarter than the market. They're not."
By pushing negative interest rates, they want you to take money out of your bank and "invest" it in this insane house of cards market.
They even admit as much.
But in places where negative interest rates have already been introduced, they have had the opposite effect.
What negative rates mean for average investors
This guy is speaking heresy to the stock bugs (and he is correct):
"What should an investor do in negative rate environment? Ashwin Alankar, Janus Capital Group's global head of asset allocation and risk management, said to hold more money in cash. Despite it not making much in a bank account, it the U.S. goes negative, the global economy will be thrown into such uncertainty that putting money into anything else is a risk."