Finance & economics | Free exchange
Why sub-zero interest rates are neither unfair nor unnatural
When borrowers are scarce, it helps if money (like potatoes) rots
|5 min read
This article appeared in the Finance & economics section of the print edition under the headline “Negative justice”
Finance & economics
February 3rd 2018- “Factor investing” gains popularity
- The dollar keeps weakening. Is that good news for the world?
- Might higher interest rates spoil America’s economic boom?
- Cancer is a curse, but also a growth market for investors
- Cars block the road to a renegotiated NAFTA
- A safe asset is devised for the euro zone
- A big Blackstone deal shows how private equity has changed
- Zhou Xiaochuan, China’s central-bank chief, is about to retire
- Why sub-zero interest rates are neither unfair nor unnatural
From the February 3rd 2018 edition
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Will old folk catch the bug?
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Trump’s trade deals try a creative way to hobble China
To appease the world’s biggest market, countries must anger the world’s biggest trader
The great dealmaker is conspicuously short of trade deals
Donald Trump issues threats—and grants deadline extensions