Category Archive: 6b.) Zerohedge on Negative Rates

Filter archive by: Show All Show only Articles Show only Videos

UBS To Start Charging Rich Clients With Negative 0.75 percent Interest Rate

2019-08-02

by

2019-08-02

For years, European banks were leery of passing on the ECB's negative -0.40% deposit rate to their clients for fears of deposit flight and other unintended consequences, in the process being forced to "eat" the difference and impacting their interest income.

Read More »

Europe Proposes “Restrictions On Payments In Cash”

2017-01-27

by

2017-01-27

European commission
Having discontinued its production of EUR500 banknotes, it appears Europe is charging towards the utopian dream of a cashless society. Just days after Davos' elites discussed why the world needs to "get rid of currency," the European Commission has introduced a proposal enforcing "restrictions on payments in cash.

Read More »

Cashless Society – Is The War On Cash Set To Benefit Gold?

2016-10-26

by

2016-10-26

Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’. Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society.

Read More »

Negative and the War On Cash, Part 2: “Closing The Escape Routes”

2016-09-08

by

2016-09-08

History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few. In the 1930s, gold was the escape route, so gold was confiscated. As Alan Greenspan wrote in 1966:

Read More »

Two More Banks Start Charging Select Clients For Holding Cash

2016-08-19

by

2016-08-19

Bank of Ireland, which is 14% owned by the State, has informed its large corporate and institutional customers that it plans to charge them a negative rate of -0.1% for deposits of €10 million or more starting in October.

Read More »

A Take On How Negative Interest Rates Hurt Banks That You Will Not See Anywhere Else

2016-04-14

by

2016-04-14

The Bank of Japan and the ECB are assisting me in teaching the world's savers, banking clients and corporations about the benefits of blockchain-based finance for the masses. How? Today, the Wall Street Journal published "Negative Rates: How One Swis...

Read More »

ZIRP, NIRP, QE, Bank Collapse and Helicopters Coming Too Late – The Lehman Effect Hits Europe – Hard!

2016-04-11

by

2016-04-11

It's official, I'm calling a banking crisis in Europe. Things didn't go well the last time I did this. Of course, many will say, "But the rating agencies have learned their collective lessons. They would most assuredely warn us if the European banks...

Read More »