The zero lower bound is one of the great myths of monetary economics. It is the statement that interest rates cannot fall below zero, for otherwise people would hoard cash. Generations of central bankers have treated it as the equivalent of zero degrees Kelvin, the lowest theoretically possible temperature.
零下限是貨幣經濟學的一大神話。這種理論聲稱,利率不可能降到零以下,否則人們將會囤積現金。幾代人以來,中央銀行家都將其等同于零開氏度(Kelvin)——即理論上可能的最低溫度。
您已閱讀6%(395字),剩余94%(6342字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。