Root Bug in a Nutshell 3/6: The Zero Lower Bound Bug

preview_player
Показать описание
This video explains why a fair and working economy needs the possibility of negative real interest rates, how the zero lower bound is like a minimum wage of capital, why the "austerity debate" over fiscal stimuli is unnecessary and how the financial market links the labor market with the real estate market.
Рекомендации по теме
Комментарии
Автор

This was a good explanation that deserved more views.

PuerinTheHunter
Автор

There is no need to eliminate physical money; it is sufficient to impose a retention fee on it. In other words, create an expiration date for it and make it necessary for anyone who wants to maintain the value to pay for it.

moisesmaciel