Re:A Black Hole Engulfing the World's Bond Markets
by simplicio on Sunday July 28, 2019 @12:39PM
(#20548408)
Makes more sense if you think about it as being paid to forgo consumption. Your being paid not for having money, but for not using it right away and letting someone else use it instead.
Of course, if no one else has anything better to do with it, the value of this "service" drops to zero, as seems to be happening now.
Of course, if no one else has anything better to do with it, the value of this "service" drops to zero, as seems to be happening now.