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.
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.
Germany’s New Government: Abandoning German Interests in Europe
Don’t blame the French for seeking to pursue French interests and see to it that the French economic model prevails in Europe. But Berlin acts imprudently by accommodating that desire.
Fed Needs to Rethink How to Tighten Monetary Policy
The Federal Reserve going about the process of tightening in the wrong way could have severe global repercussions.
2016 G20 Summit: Who Needs to Do What?
The need for action is clear, but count on it being “papered over.” Reflections on the G20 Hangzhou Summit.
US Fed: Go Knock Yourself Out, Chicken Little
Janet Yellen should be more assertive on interest rates.
Germany Counters Deflation in the Eurozone
By raising real wages, Germany has launched itself into a new period of growth.
The U.S. Federal Reserve and Shared Prosperity
How do we get a U.S. Fed that works for Main Street, not Wall Street?