Mises Wire
Author:
Thorsten Polleit
Online Publish Date:
negative interest rates. Although central banks have long pursued inflationary policies that devalue the debt owed by governments, negative interest rates offer a the balanced rate, can fall below zero, but not the balanced rate itself. The policy of negative rates is no cure for the economy but causes massive economic problems. Competition and Property Rights Banning cash is infringing on the freedom of citizens