The chart of the day is courtesy of The Telegraph and discussed by Sol Palha on Safehaven, that shows several Global Central Banks have embraced very low interest rate or even Negative Interest Rate Policies (NIRP) to try and arrest deflation and fuel growth. The jury is out on whether this would work long term as such an experiment in Japan is ending in failure.
Amazon Launches Sign-Up App For Its Palm Payment Service—Here’s Why Some
Privacy Experts Have Concerns About The Feature
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The feature provides a way for users to complete transactions without cards
or phones and could previously only be signed up for at physical locations.
4 minutes ago