4 ms·
No doubt we all, including central banks, would be happier if rates were at 5% instead of 0%, but then we'd have much worse mass unemployment as an aftereffect
by smallnamespace 10y ago
No doubt we all, including central banks, would be happier if rates were at 5% instead of 0%, but then we'd have much worse mass unemployment as an aftereffect of the financial crisis.
The 0% bound you see today is the lesser of two evils.
- djschnei 10y agosolve government tampering with more tampering while continuing to blame "captialism". Glorious.