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home / news releases / TYBS - Are Negative Rates Inevitable Here In The U.S.? Thoughts From Aristotle Blankfein And Greenspan


TYBS - Are Negative Rates Inevitable Here In The U.S.? Thoughts From Aristotle Blankfein And Greenspan

Money Earning Money "Unnatural"

Aristotle believed that charging interest was "unnatural", condemning it ruthlessly on several occasions:

Aristotle believed that charging interest was immoral because money is not productive. If you allow someone to use your orchard, he argued, the orchard bears fruit every year - it is productive - and from this product the person can pay you rent. But money, Aristotle thought, is merely a medium of exchange. When you loan someone money, he receives no value over and above the money itself. The money does not create more money-it is barren. On

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Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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