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BOJ stuns markets with surprise move to negative interest rates

Posted on 1/29/16 at 10:35 am
Posted by CAD703X
Liberty Island
Member since Jul 2008
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Posted on 1/29/16 at 10:35 am
LINK

I don't even understand how this would work.

This is like dividing by zero.
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Posted by High C
viewing the fall....
Member since Nov 2012
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Posted on 1/29/16 at 10:42 am to CAD703X
Yay acronyms!
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Posted by Scooba
Member since Jun 2013
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Posted on 1/29/16 at 10:42 am to CAD703X
Money Board LINK
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Posted by Emteein
Baton Rouge
Member since Jun 2011
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Posted on 1/29/16 at 11:06 am to High C
Bank of Japan
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Posted by CAD703X
Liberty Island
Member since Jul 2008
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Posted on 1/29/16 at 11:12 am to Emteein
it wasnt that big of a stretch to figure out.

and this still boggles my mind.
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Posted by Hog on the Hill
AR
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Posted on 1/29/16 at 11:52 am to CAD703X
Banks in Europe did this a while back:

LINK

Japan has tried just about everything since the 1990s and now they're trying Europe's strategy.
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