OT - Bank of Japan Paying for Loans

[9nationalchampionships]

Stocks jump worldwide as Bank of Japan rate goes negative

 

[vietvet1]

Stocks jump worldwide as Bank of Japan rate goes negative

When I saw the minus this morning, I told my wife they were actually paying people to borrow money. They are trying to prime pump their economy. I guess it makes some sense, but its just weird knowing banks would pay people money to barrow from them

 

[9nationalchampionships]

Keynes would have had a cardiac arrest! I guess they will make up for it in volume.

When I saw the minus this morning, I told my wife they were actually paying people to borrow money. They are trying to prime pump their economy. I guess it makes some sense, but its just weird knowing banks would pay people money to barrow from them

 

[cruzer]

Complete insanity. Maybe they can lend Paul Krugman a few mil.