The Politics of Negative Interest Rates – Project Syndicate op-ed

 

Screen Shot 2016-08-23 at 09.55.56.png

ATHENS – Objects of desire come at a cost. Only bad things, like toxic waste, have a negative price, the equivalent of a fee payable to anyone willing to make them disappear. Does this mean that negative interest rates embody a new perspective on money – that it has gone “bad”? [To read on, click here]

Leave a Reply

Your email address will not be published. Required fields are marked *

1 Comment