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RE: The Mathematics of Fractional Reserve Banking

in #mathematics8 years ago (edited)

@theabsolute yeah, they definitely want to... I dont think its wise, but its definitely policy. They spent most of the first half of this year banging the NIRP gong. Its dead now, but if trump wins, i doubt itll stay dead (and tbh i dont think hillary would necessarily be against it either)... right now, everyone is terrified of a recession... like if politicians thought it would help, or even thought that the electorate thought it would help, i could easily imagine them sacrificing people like in the shirley jackson short story. .

The ECB and japans central bank both have NIRP right now.