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View Full Version : U.S. Issues The negative interest rate scam has taken hold


petegz28
06-27-2011, 09:12 PM
Read an article today in the Wall St. Journal that in somce cases now, buyers of treasury securities are actually receiving negative interest. That's right. They are actually paying the Fed Gov to lend the Fed Gov money.

The Ben Bernank has actually engineered a feat of miraculous proportion. People are actually paying the Fed Gov interest on debt the Fed Gov owes the security holder.

The days of cheap borrowing for the government are coming to the end. Next up is the people paying the government to borrow more money.

I wonder how I can get my mortgage company to pay me interest on the money they lended me to buy my house?

HonestChieffan
06-27-2011, 09:23 PM
Didn't that start about a year ago?

petegz28
06-27-2011, 09:26 PM
Didn't that start about a year ago?

I don't think so. If it did it didn't get much press that I recall.

HonestChieffan
06-27-2011, 09:41 PM
October 2010....http://www.voanews.com/english/news/usa/US-Sells-Bonds-With-Negative-Interest-Rate-105801458.html

petegz28
06-27-2011, 09:43 PM
October 2010....http://www.voanews.com/english/news/usa/US-Sells-Bonds-With-Negative-Interest-Rate-105801458.html

Well then here we go again. More credit to The Ben Bernank for doing it twice in two years, even

HonestChieffan
06-27-2011, 09:47 PM
Well then here we go again. More credit to The Ben Bernank for doing it twice in two years, even


I think QE solved this. And global warming was cured. Yea Ben.

KILLER_CLOWN
06-27-2011, 10:18 PM
We shouldn't read more into this than rainbows and unicorns.