Santelli & Hunt Warn About “Dire Consequences” Of Negative Rates…” they would effectively have to call in the currency.”
by Tyler Durden
ZeroHedge.com
10/09/2015
As more and more Fed speakers, talking heads, and status-quo-protectors talk of, beg for, and demand negative interest rates (NIRP), the mainstream is starting to wake up to the possibility of this farce coming to America. As Lacy Hunt tells Rick Santelli in the brief clip below, “the evidence is overwhelming that QE was more of a negative than positive,” and warns the consequences of NIRP are dire (and The Fed has the tools to enginner it) as “to make it effective they would effectively have to call in the currency.”
The Rest…HERE
