Wednesday 11 November 2015

Is Currency System Doomed?


 

 Why this is interesting - This opinion editorial piece highlights aspects of money  currency and why it's doomed

-Real inflation is not 2% per year, it's probably more
-The inability to raise 0% interest rates is a sign of a crumbling currency system
-Government and special interest groups deceive the populous by covering up the problems


My Opinion: I think it's very probable we will see negative interest rates. It's funny, back in the day a family could survive with one income. You could work had, save your money in the bank then retire. Now a days, both parents have to work and you have invest your money

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