Talk of Negative Interest Rates Picks Up

ZH: Santelli & Hunt Warn About "Dire Consequences" Of Negative Rates

As Lacy Hunt tells Rick Santelli in the brief clip below, "the evidence is overwhelming that QE was more of a negative than positive," and warns the consequences of NIRP are dire (and The Fed has the tools to enginner it) as "to make it effective they would effectively have to call in the currency."

Calling in the currency is destruction of the monetary base. The monetary base of the global financial system.