obviously zerohedge are not traders. traders don't care whether rates are negative or positive. as long as rates are changing, traders will be delighted.
You think the entire world of financial markets and its impact on many, many things.... only matters if "rates are changing and traders are delighted"?
HIs answer and my answer is probably yes. Do I have to explain to you Adam Smith, self interest and invisible hand of markets provides best outcomes.
%% Sounds like an European problem,maybe , maybe not- a far cry from ''the world'' In that writer' s mind he has created a WALL. of worry-no problems As far as ''central banks being trapped '' LOL'' Not so much drama-LOL
%% Sounds like an European problem,maybe , maybe not- a far cry from ''the world''. In that writer' s mind he has created a WALL. of worry-no problems As far as ''central banks being trapped '' LOL'' Not so much drama-LOL
The guy who founded Zerohedge was banned from trading because he was caught doing insider trading. Those who take trading advice from a crook deserve whatever happens to them. Can't imagine many people did well basing any of their financial decisions on what they read on that ridiculous site.
I wrote this article below some time ago. http://morganisteconomics.blogspot....-work.html?q=can+negative+interest+rates+work