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A comment on A Beginner’s Guide to MMT. Parent comment

Re:A Beginner’s Guide to MMT by salawat on Thursday March 21, 2019 @02:55PM (#19456019)
What exactly keeps you from implementing a negative interest rate?

I.e. some form of tax on held cash?

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Re:A Beginner’s Guide to MMT by selectodude on Thursday March 21, 2019 @03:26PM (#19456313)
Nothing. It’s already been done. Sweden and the ECB used them for a few years.
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Re:A Beginner’s Guide to MMT by salawat on Friday March 22, 2019 @10:12AM (#19462660)
Okay. I thought that was the case, and frankly, it's the only mechanism that even comes close to making MMT make some sort of sense, since that could act as a monetary black hole... I think.
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