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> Without the ability to express negative interest rates the only way for the system to continue is through grifting. I mean think about for a second. Positive
by recuter 4y ago
> Without the ability to express negative interest rates the only way for the system to continue is through grifting.
I mean think about for a second. Positive rates mean more want to borrow than others want to save.
I'm not sure what you mean. The European Central Bank has dabbled with negative interest rates. So have others.
Anything you can express in a system like Taler you could conceivably replicate in existing financial systems, it always just comes down to political will.