Mises Wire

Even José Canseco Thinks Negative Interest Rates Are “Dumb”

Jose Canseco of the Worcester Tornadoes

Former baseball player José Canseco, who wrote a tell-all book on steroid use in baseball, is no fan of negative interest rates, recently tweeting:

Who is advising Japan? Forcing banks to lend all ¥ will not get 2% inflation. It creates loanees market with even lower rates. Dumb move.
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