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To: EBH

So, we pull our savings out of the bank, stuff it in 5e mattress, and guard it with the 12 gauge?


34 posted on 05/12/2020 12:04:38 PM PDT by meyer (WWG1WGA, MAGA! The DNC virus is much deadlier than the Wu Han Flu.)
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To: meyer

No you pull your money out and spend it! Negative rates are to spur on the economy...a stimulus.

The problem with Trumps desire to do this is...there’s no economy. No one can really do business right now or for the next few months.

Thus, we are already in a deflationary death spiral and unless these governors and health experts wake up...we’re going to have way, way more trouble happening before November even remotely arrives.


35 posted on 05/12/2020 12:09:44 PM PDT by EBH (May God Save Our Freedom from our enemies within)
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