Low interest or null interest policy makes the live unbearable for the young generation, here is what can be done!
I really hate to say it... the central banks with their null interest rate policy (NIRP) makes the live really unbearable and devalues labor. The young generation which does not inherit houses and so on,
The Wisdom of “Hoarding” Cash in a World of Negative Interest Rates (when holding CASH is a subversive act...)
There is a new book just released by Kenneth Rogoff, supposedly one of the world’s leading “economists”, called The Curse of Cash. The thesis of the book is that the world is drowning in cash, which is