tag:blogger.com,1999:blog-2761684730989137546.post4005585300340924238..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: EU Lays Out $1 Trillion Debt Plan to Challenge Treasuriesmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-31677335457813719112021-04-15T11:22:49.608-04:002021-04-15T11:22:49.608-04:00maybe on Mars but meanwhile here on planet Earth.....maybe on Mars but meanwhile here on planet Earth....Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-16910693788759389852021-04-15T11:13:52.365-04:002021-04-15T11:13:52.365-04:00they are talking about negative rates on when issu...<i>they are talking about negative rates on when issued...</i> Franko<br /><br />In that case, then they AREN'T welfare proportional to account balance and I was wrong. I sit corrected.<br /><br />But that raises another point and that is that individual EZ citizens should be protected from negative interest to a reasonable balance limit as a natural right of citizens to use fiat FOR FREE up to reasonable limits.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-69253621334467600772021-04-15T11:03:48.425-04:002021-04-15T11:03:48.425-04:00lol they are talking about negative rates on when...lol they are talking about negative rates on when issued...<br /><br />how is it "welfare!" to charge people to take their munnie?<br /><br />Even at whatever rate if they hold EUR proceeds at the NCBs directly short term effect will be a reserve reduction at their Depositories...Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-72332457503307202002021-04-15T10:00:19.939-04:002021-04-15T10:00:19.939-04:00More welfare proportional to account balance for t...More welfare proportional to account balance for the banks and the rich.<br /><br />It's no wonder that "Investors are keen."Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com