It is the 17th of September 2019

News

Deutsche Bank Unveils The Next Step: "QE Has Run Its Course, It's Time To Tax Wealth"

Helicopter money may be on the horizon, but if Deutsche Bank has its way, there is at least one intermediate step.

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Meanwhile In Germany, An Unexpected Ad Appears

During a leisurely stroll around Germany, one may encounter many strange sights but nothing would stranger than the following ad (courtesy of Peter Barkow) which promises negative 1% interest rates for consumer loans up to 24 months.

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Demand For Big Bills Soars As Japan Stuffs Safes With 10,000-Yen Notes

Earlier this week, we were amused but not at all surprised to learn that Japanese citizens are buying safes like they’re going out of style.

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The Disturbing Reasons Why The Bank Of Japan Stunned Everyone With Negative Rates

As we noted earlier, in a paradoxical U-turn, one which caught everyone by surprise as a result of Kuroda's own promise just one week ago not to engage in NIRP...

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