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/biz/ - Business & Finance

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15107437 No.15107437 [Reply] [Original]

A bank is warning THE CENTRAL BANK to stop printing money... let that sink in. At least this is good for crypto right? Will we see more people invest in crypto?

>> No.15107555
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15107555

>>15107437
To all those plebs that are still holding fiat

>> No.15107583
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15107583

>>15107555
People think 5 years is a long time getting rich through owning a business or investing but think wagecucking 40 years and still being poor is fine. We live in a fucked up world OP.

>> No.15108467

>>15107437
>Dutch Bank ING Warns Against Further ECB Money Printing
https://www.reuters.com/article/us-ing-groep-results/dutch-bank-ing-warns-against-further-ecb-money-printing-idUSKCN1UR3JM

>> No.15108654

>>15108467
>Ralph Hamers made his plea as central banks redouble efforts to keep the cost of borrowing at historic lows to buoy the economy, a policy that weighs on bank profits and makes it costly to hold deposits.
>a policy that weighs on bank profits
The actual reason they are warning.

>> No.15108730

>>15108654
True but regardless they cant keep shit like this forever

>> No.15108760

>>15107437
It's not so much the money printing it's that the ecb will use the printed money to buy goverment bonds which will lower bond rates. This lowers the banks profitability which is what they care about. If instead the ecb gave the money to DB I doubt they would complain.