The False Promise Of Negative Interest Rates – ValueWalk Premium
Negative Interest Rates

The False Promise Of Negative Interest Rates

The False Promise Of Negative Interest Rates by Robert Skidelsky, SwissInfo.ch

As a biographer and aficionado of John Maynard Keynes, I am sometimes asked: “What would Keynes think about negative interest rates?”

It’s a good question, one that recalls a passage in Keynes’s General Theory in which he notes that if the government can’t think of anything more sensible to . . .

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