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We are actively competing with nations who openly cut interest rates so that now many are actually getting paid when they pay off their loan, known as negative interest. Who ever heard of such a thing? Give me some of that. Give me some of that money. I want some of that money. [emphasis added] –U.S. President Donald Trump, Economic Club of New York, November 12, 2019
If President Trump had his way, the US would be sporting significantly negative interest rates right now. While there is wide-ranging disagreement