Safes Sell Out In Japan, 1,000 Franc Note Demand Soars As NIRP Triggers Cash Hoarding | Zero Hedge

Most people aren’t fooled. If something feels wrong then generally it is. While our compliant press avoid any discussion either positive or negative about zero interest rates (ZIRP) and now negative interest rates (NIRP)  where negative interest rates exist people are voting with their wallets. It’s buy a safe and buy as many large denomination currency notes to store you cash and avoid banks having any control over them. Meanwhile the calls for the abolition of cash rise day after day……..

Source: Safes Sell Out In Japan, 1,000 Franc Note Demand Soars As NIRP Triggers Cash Hoarding | Zero Hedge