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A comment on How Low Can Central Banks Go? JPMorgan Reckons Way Lower. Parent comment

Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by dav-ycombinator on Wednesday February 10, 2016 @11:28AM (#11073788)
No need to ban cash for arbitrarily negative rates to work. Simply introduce an exchange rate between physical currency and deposits.

Simply introduce an exchange rate between the dollar and it's physical representation.

Barriers are largely people's lack of understanding of how this works and how huge the benefits would be for society.

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Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by dav-ycombinator on Wednesday February 10, 2016 @11:44AM (#11073959)
> Maybe if you think government and society are the same thing.

No, I just think that neutral monetary policy which leads to full employment (defined as natural employment under given tax/regulatory regime) is good for society.

Also good for govt's ability to manage budget, but that's secondary.

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Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by CyberDildonics on Wednesday February 10, 2016 @11:41AM (#11073923)
> how huge the benefits would be for society

Maybe if you think government and society are the same thing.

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