tag:blogger.com,1999:blog-2761684730989137546.post5512940927358997040..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: The Incoherence Of Yield Curve Control Brian Romanchukmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2761684730989137546.post-10223978777903899172020-05-23T05:35:46.090-04:002020-05-23T05:35:46.090-04:00Health worries might strengthen the hand of those ...<i>Health worries might strengthen the hand of those advocating the abolishing of paper money, removing one institutional barrier to negative interest rates.</i> Brian Romanchuk<br /><br />Negative interest is GOOD (Mathew 25:14-30) but individual citizens should be shielded from it to a reasonable account limit (Proverbs 31:16) since SOME risk-free savings are legitimate for initial capital formation and liquidity needs.<br /><br />And the most straight forward way to shield individual citizens from negative interest is inherently risk-free debit accounts of their own at the Central Bank.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-64614930294208088272020-05-23T05:29:32.548-04:002020-05-23T05:29:32.548-04:00Brian lost his chance to be Trump's or Biden&#...Brian lost his chance to be Trump's or Biden's campaign manager.Peter Panhttps://www.blogger.com/profile/09473311771939167712noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-65270388061984413932020-05-23T04:17:06.234-04:002020-05-23T04:17:06.234-04:00Negative yields and interest are a natural for the...Negative yields and interest are a natural for the inherently risk-free debt of a monetary sovereign like the US since the MOST they should return is ZERO percent MINUS overhead costs = NEGATIVE.<br /><br />Otherwise, we have welfare proportional to account balance - a moral disgrace.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-8669931730100566022020-05-22T23:13:47.766-04:002020-05-22T23:13:47.766-04:00" the United States is drifting into a multi-..." the United States is drifting into a multi-year period of extremely depressed activity."<br /><br />ok Ive written that one down... Matt Frankohttps://www.blogger.com/profile/11082502216984169113noreply@blogger.com