Audio Mises Wire

Negative Interest Rates: Rewarding Profligacy

Audio Mises Wire
L. Dwayne Barney Paul A. Cleveland

Why would an investor buy a bond that pays a negative interest rate? The answer lies in understanding how central banks manipulate the economy.

Narrated by Daniella Bassi.

Original Article: "Negative Interest Rates: Rewarding Profligacy​"