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Tag Archives: NIRP
Little by Little
Sorry for the lack of posts recently – I have been wading through Political Ponerology (see the last post), and through a new Gorton paper on the constancy of risk free assets as a percentage of all financial assets at … Continue reading
Demographic Destiny and NIRP: Monetarist Economics Edition
Wonk Alert! “There is nothing theoretically impossible about a negative natural rate of interest. Even a very negative natural rate of interest.” That is the kind of thing I would typically write, but this time the words are not mine.
Time for An Ideological Enema
I’ll Pay You to Borrow My Money!
NNIRP Warning, NNIRP Warning!
Insane Some time ago, in 2009 I had long all night rant on mish’s global economic analysis blog about the inevitability of negative nominal interest rates. Mish said I was insane. I was ridiculed by the wignuts in the comments … Continue reading