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

Posted: August 23, 2016 by vequinox in Literature

Yanis Varoufakis

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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]

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