New Study Shows Negative Interest Rates Can Boost Global Economy
The article explores how negative interest rate policies can be effective in boosting the economy. The researchers show that injecting money into the system can still work even when interest rates are very low or negative. They suggest that keeping interest rates low by buying government bonds with money is a good strategy. Additionally, they challenge the idea that low interest rates always lead to a liquidity trap, where people hoard money instead of spending it.