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What if consumers decide at that point to withdraw their money and keep it in a safe at home?
by Uehreka 7y ago
What if consumers decide at that point to withdraw their money and keep it in a safe at home?
- gruez 7y agohttps://blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/ https://blogs.imf.org/2019/02/05/cashing-in-how-to-make-nega... tl;dr: by unlinking the value of cash vs electronic money, and manipulating the exchange rate.