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From Zero Hedge

http://libertyinvestor.com/ecb-cuts-deposit-rate-to-negative-for-the-first-time-ever/

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NIRP: Does the Fed have to Follow?

 

 

cropped-cropped-Screen-Shot-2014-06-05-at-10.56.56-AM.png

What will the Fed do?  Leading from behind…

http://www.forbes.com/sites/bobmcteer/2014/06/05/the-ecbs-negative-interest-rate/

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Powerdime Shift? Bitcoin here they come!

 

That's nine for me and one for you
That’s nine for me and one for you

 

 

 

http://www.reddit.com/r/Bitcoin/comments/27dlkp/negative_interest_rates_on_fiat_what_does_this/

 

cropped-cropped-Screen-Shot-2014-06-05-at-10.56.56-AM.pngA dime just ain’t what it used to be.  Deposit one and– maybe– they’ll give you back 9 cents.

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What to do with your money??

http://blogs.marketwatch.com/thetell/2014/06/03/how-to-invest-if-the-ecb-cuts-rates-below-0/

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NIRP: What does it even mean?? (cont)

 

 

http://www.nytimes.com/2014/06/05/upshot/europe-likely-to-get-negative-interest-rates-what-does-that-even-mean.html

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It’s Official! NIRP has arrived! EU takes Central Banking into the Twilight Zone

From NYT 06-05-14  http://nyti.ms/1mWn4Jw

As nominal interest rates go negative what does it even mean??

Screen Shot 2014-06-05 at 11.29.15 AM

FRANKFURT — The European Central Bank cut its benchmark interest rate to a record low on Thursday and, in an unprecedented attempt to stimulate the euro zone economy, said it would begin charging interest on deposits held by the bank

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Monetary Policy: Between ZIRP and NIRP

Financial heroine has serious withdrawal effects.

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NPV and Discounting at 0% and below: It’s just math!

When you discount at 0% all values are infinite– it’s just math

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There are two possible outcomes of QE: rates through the roof or through the floor

http://jessescrossroadscafe.blogspot.com/2013/01/alan-blinder-about-fed-paying-interest.html

 

Humpty_Dumpty_master