Re:Interest rates on some European government bonds have gon...
by jhundal on Thursday February 05, 2015 @08:27PM
(#9007286)
I'm not sure this article gets the definition of the zero lower bound right (though I'd love to be corrected if it does.) As I understood it, the ZLB only applies to central bank lending rates to other banks, which if they become negative the other banks only have the incentive to hoard cash.
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