Christine Lagarde said back in August that the European Central Bank still had room to cut rates if needed. However, she added that this could pose a challenge to financial stability in …………………….
11. September 2026
Negative Interest Rates is the Way to Kill a Reserve Currency
Hardly anyone talks of the table of virtues and vices anymore — which includes the Seven Deadly Sins — but in reviewing them, we find that they nicely sum up the foundation of bourgeois ethics, and provide a solid moral critique of the modern state.……….we do need to observe that vices and virtues — and our conception of what constitutes proper behavior and culture generally — have a strong bearing on the rise and decline of freedom.
— Llewellynn H. Rockwell Jr.