Negative Interest Rate
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A Negative Interest Rate is an interest rate that ...
- Context:
- It can be due a Negative Interest Rate Policy.
- …
- Counter-Example(s):
- See: Rate of Return, Principal Sum.
References
2016
- (Wikipedia, 2016) ⇒ https://en.wikipedia.org/wiki/Interest_rate#Negative_interest_rates Retrieved:2016-10-17.
- Nominal interest rates are normally positive, but not always. In contrast, real interest rates can be negative, when nominal interest rates are below inflation. When this is done via government policy (for example, via reserve requirements), this is deemed financial repression, and was practiced by countries such as the United States and United Kingdom following World War II (from 1945) until the late 1970s or early 1980s (during and following the Post–World War II economic expansion).[1][2] In the late 1970s, United States Treasury securities with negative real interest rates were deemed certificates of confiscation.[3]
- ↑ William H. Gross. "The Caine Mutiny Part 2 - PIMCO". Pacific Investment Management Company LLC. http://www.pimco.com/EN/Insights/Pages/The-Caine-Mutiny-Part-2.aspx.
- ↑ Financial Repression Redux (Reinhart, Kirkegaard, Sbrancia June 2011)
- ↑ Template:Cite news
- (Rogoff, 2016) ⇒ Kenneth S. Rogoff. (2016). “The Curse of Cash." Princeton University Press. ISBN:1400883210