tag:blogger.com,1999:blog-8897997766931633186.post5244265152046249353..comments2024-02-14T03:21:37.506-05:00Comments on Monetary Freedom: New Blog: Uneasy MoneyBill Woolseyhttp://www.blogger.com/profile/06330232724290161369noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8897997766931633186.post-5938238036967105512016-05-29T07:03:28.430-04:002016-05-29T07:03:28.430-04:00It’s very crucial that we keep our focus on these ...It’s very crucial that we keep our focus on these things or else it could create issues. I really enjoy reading these stuff on this blog, it’s seriously beneficial and helps massively. I trade with OctaFX broker; it’s one of the best brokers to work with due to having amazing features especially their daily market news and analysis service, it’s easier to follow and gives huge returns as well, so that’s why I am able to trade so nicely with them.Daudnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-260288222340633542012-02-01T07:19:59.605-05:002012-02-01T07:19:59.605-05:00Hoping for the exchange rate system for this year ...Hoping for the exchange rate system for this year will be more high tech done the past year so that it will be easy to all countries when it comes on money exchange.Will certainly visit your site more often now.<br /><br />louisePhilippine Peso Exchange Ratehttp://business.inquirer.net/forexnoreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-8523063067165472612011-07-13T07:07:59.667-04:002011-07-13T07:07:59.667-04:00I usually call the situation of "steep servic...I usually call the situation of "steep service charges" as "negative nominal interest rates."<br /><br />Or, more exactly, the interest rate on deposits is the interest rate on earning assets (bonds in the simple scheme) less the cost of providing intermediation services. When interest rats on earning assets fall (like the yield on T-bills or even the interest rate paid on reserve balances at the central bank) the interest rate on deposits fall as well. They can turn negative. <br /><br />Of course, if the interest rate on deposits turn more negative than the cost of storing currency, then under current conditions, the banks suffer a currency drain. If there is no hand-to-hand currency, this isn't an issue. Deposit yields turn negative.Mayor Bill Woolseyhttps://www.blogger.com/profile/15439136665155575382noreply@blogger.comtag:blogger.com,1999:blog-8897997766931633186.post-24707245335248409352011-07-12T22:06:18.065-04:002011-07-12T22:06:18.065-04:00Bill, Thanks for your detailed comments on my blog...Bill, Thanks for your detailed comments on my blog. There is so much material here that I don't even know where to begin. So for the time being, at least, I will have to defer any detailed comments. My only immediate comment is that if nominal interest rates are close to zero, the costs of intermediation may make issuing bank deposits unprofitable, too, unless banks impose very steep service charges on depositors, so I am not sure that the dichotomy between creating deposits and currency is as stark as you suggest.David Glasnerhttp://www.uneasymoney.comnoreply@blogger.com