Plan B for when interest rates hit zero
Economically Speaking: Of the three options available, the unconventional one will work best.
Interest rates are still falling. If this trend continues, pretty soon the Reserve Bank will be out of options to control inflation.
Interest rates can’t go lower than zero. If somebody tries to charge you interest so they can borrow your money, putting it under the mattress looks like a
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John McDermott
Tue, 19 Nov 2019
Tue, 19 Nov 2019
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Plan B for when interest rates hit zero
Analysis,Columns,
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