by Summary:
[unable to retrieve full-text content]While subtle, the general public loss of faith in central banking has been obvious to anyone who has simply kept their eyes open: it started in Japan where in February hardware stores were reported that consumers were hoarding cash, as confirmed by the spike in demand for safes, "a place where the interest rate on cash is always zero, no matter what the central bank does."
Topics:
Tyler Durden considers the following as important: Cash Hoarding, CHF FX, Credit Suisse, Featured, negative rates, newslettersent, Philipp Surholt, Thies Hartmann
This could be interesting, too:
[unable to retrieve full-text content][unable to retrieve full-text content]While subtle, the general public loss of faith in central banking has been obvious to anyone who has simply kept their eyes open: it started in Japan where in February hardware stores were reported that consumers were hoarding cash, as confirmed by the spike in demand for safes, "a place where the interest rate on cash is always zero, no matter what the central bank does."
Topics:
Tyler Durden considers the following as important: Cash Hoarding, CHF FX, Credit Suisse, Featured, negative rates, newslettersent, Philipp Surholt, Thies Hartmann
This could be interesting, too:
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While subtle, the general public loss of faith in central banking has been obvious to anyone who has simply kept their eyes open: it started in Japan where in February hardware stores were reported that consumers were hoarding cash, as confirmed by the spike in demand for safes, "a place where the interest rate on cash is always zero, no matter what the central bank does."
