Re: negative interest rates
Interesting theory, but what are they waiting for? Why wouldnt they've already done it by now? My understanding of the entities buying these bonds at negative rates are doing so with the idea that the bonds represent a good safe haven asset, even if they lose some of their principle, at least they're "safe". Dumb from our perspective, I know, but our worldview is different from those brainwashed in mainstream economic theories hostile towards a bi-metalic standard and PMs true safehaven status.