May 21, 2019

For over five years, European nations have been trying to jump-start their ailing economies with what was supposed to be a radical, short-term remedy—negative interest rates.  Instead, central banks can't see, to wean their economies off of them. Increasingly, says the Wall Street Journal, negative rates on bank accounts and even treasury bonds appear to be a permanent feature of the landscape says the Wall Street Journal. Could it happen in the U.S.? And did you know why low-interest rates--which are designed to STIMULATE the economy,  can LEAD to recession and DEE-flation, not IN-flation? We'll review the full report, and then Steve reviews key planning tips for building retirement wealth the SMART way!   MASTERING MONEY is on the air!!