Monday, 21 September 2015

Negative interest rates could be necessary to protect UK economy, says Bank of England chief economist

There are Liars, Damned Liars, And Jews.
*Yet More Lies Being Pushed Out Into The Mainstream By A Banking System determined to bring all Humanity under it's Jack-Booted heel...*
The Bank of England may need to push its interest rates into negative territory to fight off the next recession, its chief economist has said.
Andy Haldane, one of the Bank’s nine interest rate setters, made the case for the "radical" option of supporting the economy with negative interest rates, and even suggested that cash could have to be abolished.

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