RE: The Fed Is Going To Start Buying Stocks Outright
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You think they will go full crazy in Banning Cash yet? That is what I expect to happen before going negative interest rates.
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Certain countries, I feel like places like Canada and Australia have the ability to go cashless pretty quickly, really depends on the cash usage, like here in Africa, it would be much harder. I think you can pull off negative interest rates without cash bans, Germany are doing it now, we'll see how that goes.
Yes, it would be easier to do negative interest rates or high taxes with a cash ban, which a gain more developed and less physical cash dependant economies can pull off.
If they tried that shit here, there'd be blood in the streets within a week. I think they'll only bring in those moves once they hit around 50 trillion and have bought up most of the stock market.
Going to be interesting to watch