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Are Negative Interest Rates Dangerous?

Summary:
A debate on negative interest rates. YES, Thomas Palley: “One can have too much of a good thing”. NO, Adam Posen: “Negative interest rates have proved useful”. READ IT HERE

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A debate on negative interest rates. YES, Thomas Palley: “One can have too much of a good thing”. NO, Adam Posen: “Negative interest rates have proved useful”. READ IT HERE
Thomas Palley
Dr. Thomas Palley is an economist living in Washington DC. He holds a B.A. degree from Oxford University, and a M.A. degree in International Relations and Ph.D. in Economics, both from Yale University.

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