jeudi 5 mars 2015

Negative rates and postmodern money

Negative interest rates show finance has gone postmodern. The system has become self-referential and value-free, in a way that might please cultural theorists. That’s supposed to help the real economy run more smoothly. But it’s risky, high-handed and not fair to savers. It is hard to get used to... Negative rates and postmodern money

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