A lot of financially savvy people out there say that the world’s central banks have foisted zero- and negative-interest rates (otherwise known as ZIRP and NIRP) to force people out of their savings. The truth is, there is a more pressing reason for negative interest rates: Hey! You need to be an Insider to view the rest of this section! If you’d like to join, please click “Insider Membership” at the top of my blog page.
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