Gary Anderson Blog | Summers And Roubini Talk Negative Interest Rates, Sound Logic But Uncharted Waters | Talkmarkets
Negative interest rates are behind the push for a cashless society. This is serious folks. Cash stands between positive and negative rates, creating the zero lower bound. However, if they ban cash, the zero lower bound will no longer exist. This is the whole issue in a nutshell.
Like the Pay Cash Only Movement page: https://www.facebook.com/Pay-Cash-Only-Movement-1486591244977682/
Negative interest rates are behind the push for a cashless society. This is serious folks. Cash stands between positive and negative rates, creating the zero lower bound. However, if they ban cash, the zero lower bound will no longer exist. This is the whole issue in a nutshell.
Like the Pay Cash Only Movement page: https://www.facebook.com/Pay-Cash-Only-Movement-1486591244977682/
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