Back in January, the Bank of England tried to warm people up to negative interest rate policy (NIRP) claiming that it is "stimulative" to the economy. Negative interest rates can provide ‘significant stimulus,’ Bank of England official says https://www.marketwatch.com/story/negative-interest-rates-can-provide-significant-stimulus-bank-of-england-official-says-11610375868 In the last week, the Bank of England is now saying that it will take about 6 months to prepare for NIRP: https://www.cnbc.com/2021/02/04/bank-of-england-keeps-interest-rates-and-asset-purchases-unchanged-.html While the UK is the first to do many different policies in the last 12 or so months here in the West, other European countries in the EU/Euro Zone have tried NIRP for years now with zero success! Austrian School Economist and hedge fund manager, Daniel LaCalle has written many articles about the disaster of NIRP in the EU for the Mises Institute in the last 3-4 years including articles like these: 1) Negative Rates Have Damaged Banks, But That Is Not The Worst Effect https://mises.org/power-market/negative-rates-have-damaged-banks-not-worst-effect 2) The ECB Continues to Incentivize Reckless Behavior https://mises.org/wire/ecb-continues-incentivize-reckless-behavior 3) Central Banks Are Heading Toward a Stagnant Global Zombie Economy https://mises.org/wire/central-banks-are-heading-toward-stagnant-global-zombie-economy Read more of Daniel's article here: https://mises.org/profile/daniel-lacalle The ECB also created an enormous government and corporate bond bubble in the EU over the last 5-7 years thanks to their horrible policies including NIRP. The ECB's balance sheet is now close to 60% of EU GDP (and still growing in share!) and the ECB has already committed to buying around 85% of all newly issued Eu government bonds for 2021 and 2021 just barely started! Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst Please visit the Wall St for Main St website here: http://www.wallstformainst.com/​​​​​​ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt​ or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website or through Paypal. Send one time donations to our Paypal to the email address: [email protected] Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**