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German Banks Told To Start Hoarding Cash | Zero Hedge
2016-03-04T19:40:55+00:00
http://www.zerohedge.com/news/2016-03-04/revolution-begins-german-banks-told-start-hoarding-cash
asterisk2a
Richard Koo aggregate demand austerity fiscal policy Pact Schuldenbremse economic history ZIRP NIRP QE distortion financial repression hunt for yield speculative bubbles speculation Venture Capital Mutual Fund Private Equity reflate reflation recovery GFC debtoverhang liquidity trap zombie banks deleveraging Debt Super Cycle secular stagnation consumer wage squeezed middle class disposable income discretionary spending marginal propensity to consume tax evasion avoidance oligarchy plutocracy Rich 1% household car loan credit card student Bubble generation rent OMT job creation Service Sector Jobs working poor precarious work Precariat Zero Hour Contract Contractor Leiharbeit Zeitarbeit Agenda 2010 low pay TLTRO LTRO monetary transmission mechanism velocity of money
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