I'm in Australia, we don't have your nonsense conspiracy theorists, thank you.
The socialists are going to diehard. They are so fixated in their belief that what goes up (debt) never crashes back to earth and makes a big crater.
What are you talking about? We have no socialism down under.
In fact america is a communist society. Trying to make obamacare work, free stuff everywhere, food stamps for free, free free. Coupons, free. I mean we don't have any of this stuff down here. No funny coupons to get free stuff from the supermarkets...
We have one of the lowest debt levels in the OECD. Our interest rates are going up.
Either way it's relevant because if every other central bank starts raising interest rates. The U.S. Fed will have to do the same otherwise they will look like the odd one out. Get ready to make some money gaming your central bank. Stop complaining and go make some money.
Seriously, if we had negative interest rates, most people would just withdraw their money and put it under the mattress. That way you don't have to pay the bank to keep your money.
That's why it is not going to happen. Everyone knows how to game the Fed. That's why we should be thanking the Fed for giving us the opportunities to make money.
Everyone who has an interest in bitcoin has to thank the Fed for the price appreciation we have seen so far.
Bow down to your masters.
Most people already pay their banks to hold their money. The fees are much higher than the interest in a year. They would be better off with cash in a hidden safe.
