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The Dilemma of Central Banking
Low interest rates – both nominal and real – have been a persistent feature of advanced economies since the 1980s. How long, many now wonder, can the trend last? In 2015, the “Geneva Report” on the topic by the International Center for Monetary and Banking Studies and the Center for Economic Policy Research argued that interest rates would stay low for long, but most likely not indefinitely. But with more than $13 trillion worth of negative-yielding bonds outstanding in the world economy, many more scholars and investors have started to think that rates could stay low forever. If so, central bankers will face ... (full story)
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- Edited 3:17am Jan 8, 2020 2:57am | Edited 3:17am
- TudorIoan
- Joined Dec 2015 | Status: Member | 3436 Comments
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- Jan 8, 2020 3:01am Jan 8, 2020 3:01am
- TudorIoan
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- Jan 8, 2020 5:09am Jan 8, 2020 5:09am
- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- TudorIoan
- Joined Dec 2015 | Status: Member | 3436 Comments
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