BOJ not the only one with neg interest rates

[Lycanmaster]

Why the Fed must go negative on interest rates

Wonderful. Now people are arguing that we need to implement this stupid crap as well

[ContrarianEcon]

Originally Posted by Lycanmaster

Why the Fed must go negative on interest rates

Wonderful. Now people are arguing that we need to implement this stupid crap as well

This has been, throughout monetary history, an extremely rare phenomenon, but it is becoming increasingly commonplace, as the world fights both recession and deflation simultaneously.

We are at an end to what monetary policy can do.


You want inflation? Drive wages higher with the minimum wage law.