Lol I just stumbled upon an article about Trump's tweet wanting negative interest rates earlier:
https://www.newsbtc.com/2019/09/11/bitcoin-trump-interest/
The US could easily join in on the countries with negative real interest rate, and soon. I just hope people know what this means for their portfolio (and money, really), and how Bitcoin could be a good diversification option given its unique qualities.
Topic: Negative interest Rates around the World - Bitcoin as an alternative - page 2. (Read 275 times)
September 12, 2019, 08:15:19 AM
September 12, 2019, 07:35:34 AM
Considering what places like India have been willing to do to force their populations into the banking system by cancelling high denomination notes I wonder what they'd be willing to do elsewhere if they really got a boner for negative interest rates.
Cash is in their sights already. If enough people cottoned on to crypto they might toss their cookies. Guess it might be too late by then.
Cash is in their sights already. If enough people cottoned on to crypto they might toss their cookies. Guess it might be too late by then.
September 12, 2019, 07:03:53 AM
I was taking a look at interest rates around the world, specially in G20
You can check them here: https://tradingeconomics.com/country-list/interest-rate?continent=g20
And you can also check their inflation rate here https://tradingeconomics.com/country-list/inflation-rate?continent=g20
I crossed that data and made this table.
You will see that first world countries are mostly with negative interest rates. Germany, for example, with a 0 interest rate has 1.4% inflation rate. So the real interest rate would be -1.4%.
This way, there is certainly a reason for all this interest in Gold, Silver and other metals. And, for bitcoin.
Millionaires and institutional investor can't put all their money on Stocks, neither on negative interest rates. Alternatives such as metals and bitcoin are certainly interesting.
You can check them here: https://tradingeconomics.com/country-list/interest-rate?continent=g20
And you can also check their inflation rate here https://tradingeconomics.com/country-list/inflation-rate?continent=g20
I crossed that data and made this table.
Quote
Country Real interest rate
Netherlands -2,8
Germany -1,4
United Kingdom -1,35
Switzerland -1,05
Euro Area -1
France -1
Australia -0,6
Japan -0,6
Italy -0,5
Spain -0,3
Canada -0,25
United States 0,45
Singapore 1,34
China 1,45
South Korea 1,5
Indonesia 2,01
India 2,25
South Africa 2,5
Brazil 2,57
Russia 2,7
Saudi Arabia 4,05
Turkey 4,74
Mexico 4,84
Argentina 31,59
Netherlands -2,8
Germany -1,4
United Kingdom -1,35
Switzerland -1,05
Euro Area -1
France -1
Australia -0,6
Japan -0,6
Italy -0,5
Spain -0,3
Canada -0,25
United States 0,45
Singapore 1,34
China 1,45
South Korea 1,5
Indonesia 2,01
India 2,25
South Africa 2,5
Brazil 2,57
Russia 2,7
Saudi Arabia 4,05
Turkey 4,74
Mexico 4,84
Argentina 31,59
You will see that first world countries are mostly with negative interest rates. Germany, for example, with a 0 interest rate has 1.4% inflation rate. So the real interest rate would be -1.4%.
This way, there is certainly a reason for all this interest in Gold, Silver and other metals. And, for bitcoin.
Millionaires and institutional investor can't put all their money on Stocks, neither on negative interest rates. Alternatives such as metals and bitcoin are certainly interesting.
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