Seeking Alpha

Ashley Roachclip » Comments » Comments on DIA

View Ashley Roachclip's Comments on:
  • Negative Interest Rates Can Solve Our Unsolvable Problem of Debt Load [View article]
    If cash is "better" then I don't think anyone would buy these bonds so this is just an intellectual exercise in "what if people would buy negative rate bonds?" as opposed to anything that could ever fly.

    To fix the cash is better issue is doable though. I read an article about a year ago, I forget where, about money that loses a set % of value every month, thereby incenting holders to spend it as opposed to hoarding it. Money would be scanned and coded and bills would be of unequal value based on their issuance (or expiration) date. This is the only plausible way I have heard to get to what you describe and I am sure the gov't would love it, the technology is more or less here to do it. I would think if we have a total failure of the $ and the dems somehow maintain control that we would go that direction.

    Ok enough for now, thinking aboout this, I think I need to go throw up.
    Jun 05 10:47 am |Rating: +2 0 |Link to Comment
  • Negative Interest Rates Can Solve Our Unsolvable Problem of Debt Load [View article]
    I guess I am too simple but who would buy these bonds? Wouldn't a sane person hold cash instead of buying a negative rate bond?
    Jun 05 10:24 am |Rating: +1 0 |Link to Comment
More on DIA by Ashley Roachclip
Ashley Roachclip's
Comments Stats
8 comments
Rating: 9 (10 - 1 is )