Andy Hoffman: Media Confesses Negative Interest Rates Don’t Work

Dunagan Kaiser, Reluctant Preppers, Released on 8/12/16

Through years of denial and disinformation, the government and mainstream corporate media have stuck to the narrative of being able to improve abysmal economic conditions which continue to dramatically worsen despite unprecedented central bank interventions, including negative interest rates. But this week The Wall Street Journal broke ranks and published multiple front-page articles exposing just how ineffective the negative interest rates have been, and the backlash that is uprising from common-sense individuals, businesses, pension plans, currency markets and fund managers who can see past the manipulations and are taking matters into their own hands. Andy Hoffman, marketing director at Miles Franklin, returns to Reluctant Preppers to expand on the story behind the story, foreshadowing where we are headed next and what you can do to take critical action now!

Andrew (“Andy”) Hoffman, CFA joined Miles Franklin, one of America’s oldest, largest bullion dealers, in October 2011 and serves as Marketing Director. For a decade, he was a US-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney from 1999 through 2005. Since 2002, his focus has been entirely on precious metals, and since 2006 has written free missives regarding gold, silver and macroeconomics. Prior to joining the company he spent five years working as an investor relations officer or consultant to numerous junior mining companies. Andy’s articles can be found on the Miles Franklin Blog, at www.milesfranklin.com.

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