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> Everyone commenting on the exchange rate, but nobody commenting on the negative interest rate? BTW: Real interest rates have been negative for a while in th
by jpmattia 12y ago
> Everyone commenting on the exchange rate, but nobody commenting on the negative interest rate?
BTW: Real interest rates have been negative for a while in the US. Even the 10yr Treasuries are there now. http://delong.typepad.com/sdj/2012/05/measures-of-real-interest-rates-since-1980.html http://delong.typepad.com/sdj/2012/05/measures-of-real-inter...
- cynicalkane 12y agoMonetary rates being negative are a big deal in a way negative real rates aren't. When you pay the bank to hold money, you begin to see cases where it is most rational to hold cash instead.