NIRP ZIRP

idk what youre talking about because i dont listen to boomers. I just buy bitcoin because it outperforms all of their stupid savings advice

>>1804058
They shouldn't; the hysteria over low interest rates is economic autism created by populists to shill the other part of their platforms.

My only qualm about NIRP is that people could still just hoard cash in safes or buy stores of wealth like gold and not increase AD.

They shouldn't have high interest rates, yes, but absolutely nothing is 0 risk, and some form of consumer competition is necessary to keep savers using certain banks over others, thus a small but nonzero interest rate is appropriate.

>>1804098
this lol. >1000% gains on ETH, Vitalik is literally a meme god at this point who rains shekels on us

>>1804378
Raise intrest rates

>>1804058
from the perspective of seeking productive investment so as to grow the economy you're right, but for a bank, providing an incentive for people to give you cash with which you can lend out is rather useful

savers doesn't exist on fractionary reserve, not really, there's just few people actually saving trought PMs
to save is to make effors to delay consume and live under your real purchase power, that's a service to society

>>1804058
why would you think financial markets follow your overdeveloped sense of justice?

Whether they "should" or not, they do. The simple fact is the closest your average pleb will ever get to wealth will depend on paying down debt, saving in low-risk venues, and purchasing real property.

File: 1419499846694.jpg (40KB, 384x512px) Image search: [Google]

40KB, 384x512px

The next show looks crazy moment:

https://www.youtube.com/watch?v=qGq-2gY81os

Use something besides math and theory, fields of study don't exist inside a vacuum. They're made to benefit people.

>>1804058
>Why should savers be rewarded
I don't call 2% interest a reward tbqh

>>1804058
Lets flip the question. Why should banks be able to benefit from holding consumers money for free?