http://www.zerohedge.com/news/2016-...note-demand-soars-nirp-triggers-cash-hoarding Thoughts? Would we see this in Australia if a negative interest rate policy were to come into effect?
If everyone buys Sentry Safes from Bunnings then I predict a break'n'enter frenzy country wide. Wesfarmers stock will soar. But negative interest rates here are so far off happening it's not worth pondering. The market will return from negative sillyland before we hit it.
Wesfarmers have that market cornered too. Do I sense conspiracy by the powerful elite who own Wesfarmers?