Scott Fullwiler (stf18) tweets: Another excellent post on the problems with negative nominal rates
Read it at The Financial Times | FT Alphaville
Negative rates as a precursor to the death of banking
Izabella Kaminska
Scott aslo reminds:
The base money confusion (July, 2012)
Izabella Kaminska
The ‘high-powered money’ problem (August, 2011)
Izabella Kaminska
