Is now the time to experiment with negative interest rates? (via RETHORIK)

Is now the time to experiment with negative interest rates? July 8, 2010 5:52pm By Brendan Brown There is a magic monetary wand out there which could accelerate economies along the road to prosperity out of the widespread destruction wrought by the global credit bubble. This wand is not the creation of another monetary time-bomb labelled “quantitative easing”; rather the source of magic is an emergency conversion of banknotes. Under the heyday of … Read More

via RETHORIK

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