Negative interests are like a tax on money that is sitting on the sidelines, but they do not appear to spur economic growth. Negative interest rates hurt the banking sector1.
1. Wang, J. J. Central Banking 101. (Joseph, 2021).
Negative interests are like a tax on money that is sitting on the sidelines, but they do not appear to spur economic growth. Negative interest rates hurt the banking sector1.
1. Wang, J. J. Central Banking 101. (Joseph, 2021).