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

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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.

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Time for An Ideological Enema

I’ll Pay You to Borrow My Money!

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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

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