Stanley Fischer’s Bizarre Justification For Negative Rates

Tuesday, August 30, 2016
By Paul Martin

by Tyler Durden
Aug 30, 2016

“Well, clearly there are different responses to negative rates. If you’re a saver, they’re very difficult to deal with and to accept, although typically they go along with quite decent equity prices. But we consider all that and we have to make trade-offs in economics all the time and the idea is the lower the interest rate the better it is for investors.”

The Rest…HERE

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