Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government

Posted on August 12, 2019 3:54 pm

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By Graham Smith

Negative interest rates have been making big headlines lately, as several countries and big banks are now experimenting with the unorthodox monetary policy. While typically viewed as a last-ditch effort to shock some life back into struggling economies, these policies are getting a shiny new spin thanks to mainstream media outlets promoting government talking points and agendas. Instead of facing the ominous problems of inflation and devaluation of money, now there’s a new solution: normalize the negative, and sweep the consequences under the rug.

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