by Herman Daly The stock market took a dip, so the Fed will likely continue to keep the interest rate at zero, in conformity with its goal of supporting asset prices by quantitative easing. What is wrong with a zero interest rate? Doesn’t it boost investment, growth, and employment? There are many things wrong with […]
https://steadystate.org/wp-content/uploads/U.S.-Treasury.Elfboy.jpg 480 640 Herman Daly /wp-content/uploads/logo-casse-wide.png Herman Daly2015-09-16 12:00:132019-05-28 14:09:19What is Wrong with a Zero Interest Rate?