This is Just the start!!
After reading an article on Bloomberg that Germany was starting to adopt, negative interest rates it really peaked my interest. I had heard about this coming but didn’t realise how soon or how big this impact will actually be upon the world.
What does this mean and how will it impact us? Let us have a look at how Negative Interest Rates will cost us money and maybe be the start of the next Global Currency Reset is happening, put simply, it would be a return to a new currency standard that all nations would agree upon.
An example of a negative interest rate policy would be to set the key rate at – 0.2%, such that bank depositors would have to pay on their deposits instead of receiving any sort of positive interest.
Here is an excerpt from the European Central bank article on Negative Interest Rates – Europe’s central banks cut key interest rates below zero in 2014, and now Japan has followed. By end of summer -2016, some 500 million people in a quarter of the world economy are living with rates in the red. Unthinkable before the 2008 financial crisis,Negative rates will either mark the start of a new era for the world’s central banks or finally expose the limit of their powers.
Europe’s central banks cut key interest rates below zero in 2014, and now Japan has followed. By end of summer -2016, some 500 million people in a quarter of the world economy are living with rates in the red. Unthinkable before the 2008 financial crisis,Negative rates will either mark the start of a new era for the world’s central banks or finally expose the limit of their powers.
More policy makers have warmed to the experiment, even though sub-zero rates can crimp the ability of banks to make money or lead them to take additional risks in search of profit. The Bank of Japan rattled global markets by adopting negative rates in early 2016, more than 18 months after the European Central Bank became the first major monetary institution to venture below zero. The ECB cut again in March, charging banks 0.4 percent to hold their cash overnight. Sweden, Switzerland andDenmark have also adopted negative rates, weakening their currencies by encouraging investors to seek higher returns elsewhere.
Europe’s central bank chose to experiment with negative rates before turning to a bond-buying program like those used in the U.S. and Japan. Policy makers in both Europe and Japan are trying to prevent a slide back into deflation, or a spiral of falling prices that could derail the economic recovery.
If more and more central banks use negative rates as a stimulus tool, the policy might ultimately lead to a currency war of competitive devaluations. The Bank for International Settlements warned in a March 2016 report of “great uncertainty” if rates stay negative for a prolonged period. However, the fact that such tools have now been tested means they’re likely here to stay.
As you can see you will be charged to hold your funds in a bank which is ludicrous This could be a real problem for the economy and is just the start of the next economic crash which looks set to be bigger than the 2008 crisis.
Your Money is dying if it is in a bank the fact that your currency is decreasing in value every year must or should concern you. The time is now to really start taking notice of what is going on in the world right now?
Germany is not the first Country to adopt negative interest rates Japan, Switzerland, Denmark & Sweden now to just to name a few countries that are also in the financial economic downturn.
What is a ‘Negative Interest Rate Policy (NIRP)’
A negative interest rate policy (NIRP) is an unconventional monetary policy tool whereby nominal target interest rates are set to a negative value, below the theoretical lower bound of zero percent.
This is just the start of the next economic crisis. Why should we have to pay for our money to be stored in a bank? The banks are robbing us blind not only are lending out our money and creating more money out of thin air, we now have the privilege of being charged to store our money in the bank. It is a joke they can get away with this.
Did you know there is now a law that if the banks fail again which they will anytime soon? They have by law the right to take money out of your bank to pay off their debts that they have created.
To add insult to injury – since the banks pay you zero percent on your savings account in the first place – the banks have the right to confiscate your funds if they crash the economy again as they did in 2008. Remember the Great Recession? It’s coming again to a bank near you.
With inflation, you are losing money you are losing your wealth and you are losing purchasing power every year. If you look at the USD it is 20 Trillion in debt and 93% of its true value has gone now. The $10 note is now only worth 7 cents
The $10 note is now only worth 7 cents but they do not change the value of the note, NO they keep putting prices up and cost of living keeps getting higher and higher & because people it is worth $10 they still use it at $10 even though that is far from the truth!!
So what is the solution?
If you want to protect your wealth and your income I would suggest you start putting your money into Cryptocurrency. it is about to change the way we use and transact money forever & is the biggest invention in economic history since the internet was created.
Cryptocurrency is inflation proof, there is only a limited supply of each currency and works on Demand & Supply rules. the value actually can increase in value and put more money back in your pocket. Your currency and wealth can gain you more purchasing power.
The value of any Cryptocurrency can actually increase in value and put more money back in your pocket. So your currency and wealth can increase and gain you more purchasing power.
The underline technology of Cryptocurrency is called the Blockchain and this is the technology that will be bigger than the internet.
The Blockchain is a verification tool and a public ledger for the internet that will now bring trust and a way to send value across the internet like never before. ownership to the world. that takes the power away from the banks and lets us transact money to anyone in the world instantly and for practically free so we no longer need a bank or 3rd party authority to transact money.
This is a digital transfer of ownership that will change the world. This will change the way we use and transact money forever!! takes the power away from the banks and lets us transact money to anyone in the world instantly and for practically free so we no longer need a bank or 3rd party authority to transact money.
This is the biggest disruption in the last 20 years and there may never be an opportunity this big in our lifetime again. This takes the power away from the banks and gives the power back to the people with a currency that is made fo the people by the people. lets
You can now transact money to anyone in the world instantly and for practically free so we no longer need a bank or 3rd party authority to transact money.
You can now be the bank!!
So there is never been a better way to create wealth o protect your wealth than this concept of Cryptocurrency and the Blockchain technology. change your life financially so would you rather own a currency full of debt and decreasing in value
This will change your life financially forever if you take it seriously. so would you rather own a currency full of debt and decreasing in value
So would you rather own a currency full of debt and decreasing in value or a currency that can increase in value and give you more purchasing power??
The choice is yours & the time is now. Join the financial Revolution
For more information please take a personalised presentation to discover how this will help you understand how this works and why you can profit tremendously from this concept that is about to change the world.
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Resources – http://www.bloomberg.com/news/articles/2016-08-11/negative-rates-for-the-people-arrive-as-german-bank-gives-in