What are we currently missing but is going to seem obvious in retrospect about the implications/significance of negative interest rates?

Jan 10, 2020 · 1:50 AM UTC

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Replying to @sama
MUST spend, CANT save
Replying to @sama
It implies that we already know in our hearts about the stagnation
Replying to @sama
With negative interest rates, you borrow, say $1m, put $900k under your bed to repay the loan (with negative interest the amount to repay will be less than principal), and you then spend the $100k = "free money".
Replying to @sama
Negative interest rate = economic recession
Replying to @sama
Maybe its related to Peter Thiel’s stagnation theory? That the rate of growth in the 20th century was an anomaly and not the norm. With excess capital now, high risk investments become more common and the stock market gets inflated with stock buybacks.
Replying to @sama
transferring wealth from savers to borrowers
Replying to @sama
Banking system collapse
Replying to @sama
That negative interest rates aren’t inflationary and actually act more like a tax. Fiscal policy will rise to be supreme in managing the economy
Replying to @sama
Every emperor has no clothes. All nationstates are naked and engaging in an economic game of chicken. Sanity will return and a new reserve currency will begin it's accent.
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