'Zero interest rates' ahead? - GoFuckYourself.com

GetSCORECash · 11-25-2008, 03:22 PM

Financial historian Niall Ferguson says world governments must work together to avoid a fragmentation of the global economy.

http://money.cnn.com/video/#/video/n...12508.cnnmoney

Vendot · 11-25-2008, 03:34 PM

If you have a single bank and a single currency, you can set a single interest rate across the world.

mikesinner · 11-25-2008, 03:36 PM

I can believe it

pornguy · 11-25-2008, 03:54 PM

Not going to happen any time soon. The church wont let it.

farkedup · 11-25-2008, 05:36 PM

Quote:

Originally Posted by pornguy

Not going to happen any time soon. The church wont let it.

give the church financial incentives and they'll withdraw any objections as long as the currency isn't like a chip in your skin.

camgirlshide · 11-25-2008, 07:48 PM

I'm waiting for negative interest rates.

PXN · 11-25-2008, 11:04 PM

Quote:

Originally Posted by camgirlshide

I'm waiting for negative interest rates.

bhutocracy · 11-25-2008, 11:22 PM

Quote:

Originally Posted by Vendot

If you have a single bank and a single currency, you can set a single interest rate across the world.

what possible benefit would having a single world interest rate have? No one could possibly benefit from such a thing.

mikesinner · 11-26-2008, 12:46 AM

Quote:

Originally Posted by camgirlshide

I'm waiting for negative interest rates.

Already here is you keep your money in a checking account or a low yield savings.

11-25-2008, 03:22 PM	#1
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11-25-2008, 03:36 PM	#3
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11-25-2008, 03:54 PM	#4
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11-25-2008, 07:48 PM	#6
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11-25-2008, 03:34 PM	#2
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	If you have a single bank and a single currency, you can set a single interest rate across the world.