Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label negative interest rates. Show all posts
Showing posts with label negative interest rates. Show all posts
01 September 2015

Gold Daily and Silver Weekly Charts - Non-Farm Payrolls On Friday

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"The existence of cash — a bearer instrument with a zero interest rate — limits central banks’ ability to 'stimulate a depre...
25 January 2013

Alan Blinder: The Fed Should Pay the Banks Negative Interest Rates on Reserves

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As I said to the reader who forwarded this, 'you have no idea how much this admission by Blinder means to me.' This is not t...
04 August 2011

Bank Of New York Mellon To Pay Negative Interest Rate for Very Large Cash Deposits

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The Bank of New York Mellon will begin paying negative interest rates on very large cash savings deposits, over $50 million, this week. ...
19 November 2009

Short Term T Bills Go Negative

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Too many dollars chasing too few opportunities because of mispriced risk, so they are piling into short Term Treasuries again. Grab somethin...
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