Relevant:
2013-05-10 — moneyweek.com
``Lending money at negative interest rates creates grotesque distortions. Savers get nothing for their trouble -- thanks to zero interest rate policy. So they shift to speculating on stocks. The stock market goes higher, but it is not a market you can trust. It is not driven by genuine values, it is driven up by amateur speculators desperate for profit. This won't go on forever.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.