Citi On Why Negative Rates Are Like Potato Chips: “No One Can Have Just One”
by Tyler Durden
ZeroHedge.com
01/31/2016
“Experience in other countries that have entered into this territory should sober you up on the likely economic and inflation impact. No country that has gone into negative rates has experienced major shifts in its growth and inflation profile – minor, yes; major, no. As a consequence every dip into negative rates has been followed by additional moves.”
The Rest…HERE
