No If, Ands Or Buts: Negative Interest Rates Are Absurd

The “pure” or “originary” interest rate is positive — always and everywhere. It cannot disappear, it cannot go to zero, let alone fall below the zero line;

 

 

 

 

 

 

 

 

https://davidstockmanscontracorner.com/?p=335908&preview_id=335908&preview_nonce=55929a4572&preview=true