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Bitcoinerx 2019-10-10 01:30:56

Fiat Money ‘Not Worth Anything Anymore’ Admits Banking Giant CEO

Oswald Gruebel, the ex-CEO of Credit Suisse, criticized negative interest rates and said that money is not worth anything anymore. In a recent interview with the Swiss newspaper NZZ a, Sonntag, Mr. Gruebel explained that negative interest rates are having an adverse effect on fiat currencies. “Negative interest rates are crazy,” he said, adding “That […]The post Fiat Money ‘Not Worth Anything Anymore’ Admits Banking Giant CEO appeared first on BitcoinerX.

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