- Being a finite resource, control would seemingly belong to whoever holds the largest amount. The point isn't that the ordinary citizen is going to control it, it is that whatever quantity you have is fixed and can't be debased.
- Negative interest rates are horrible because they tend to impact savers whilst borrowers are typically now subject to a minimum interest rate on their loans.
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To whom is this control being handed? It's not going to be the ordinary citizen; it's going to be the global wealthy plus a few early adopters.
Buying a home on a negative interest rate mortgage could be an interesting experience.
- Being a finite resource, control would seemingly belong to whoever holds the largest amount. The point isn't that the ordinary citizen is going to control it, it is that whatever quantity you have is fixed and can't be debased.
- Negative interest rates are horrible because they tend to impact savers whilst borrowers are typically now subject to a minimum interest rate on their loans.