Negative Rates = State Sponsored Boom

Take a look at these ads of yesteryear...
Look at the juicy interest rates offered for term deposits back in the 1970/80s. It was an era when the choice to save cash was seen as a smart and viable alternative to investing and speculating on stocks and real estate. Banks were competing for savers even as recently as 2011. You could get at least 5% on short term accounts. But under the current economic system, that's disappeared forever.
Catherine Cashmore,
Cashmore & Co Real Estate
BiziNet Magazine #106 - Feb/Mar 2021