In every culture, low interest rates impact the fabric of society and mindsets in distinct ways. Each country thus develops its unique manifestation of nihilism.
Tomas Casas i Klett
Why Negative Interest Rates Are So Pernicious
Interest rates are the mechanism by which risk links the world of economics and society.
The Eurozone “Soviet”?
Negative interest rates have a pernicious effect on human beings. They corrode the structures of society, culture and people’s mindsets, triggering widespread resignation and even nihilism.
The World of Negative Interest Rates: An Introduction
We now witness the marks of the inverted universe of ultra-loose monetary policy and lax central banking.
Beyond Sino-American Rivalry: Whose Global Narrative?
Is a chastened West that has lost its positive edge doomed to cede innovative impulses for global affairs to China?