Get Your Free Audiobook

Non-member price: $27.79

After 30 days, Audible is $16.45/mo. Cancel anytime.

Publisher's Summary

With their eyes wide open, central banks, in their fight against the consequences of the global financial crisis and debt crisis, have fallen into the zero interest rate trap. While the euro area is deeply stuck in this quagmire, the US has only recently executed a monetary policy U-turn and is now sliding ineluctably into the same trap.

The Zero Interest Trap discusses questions such as, are there any paths at all by which politicians, investors, and society can get out of the zero interest rate trap unscathed? What are the economic, political, and social consequences that citizens and investors should prepared for? Was President Donald Trump well-advised to have called for zero or even negative interest rates?

For the first time, this thorough analysis elucidates all economic and social consequences of interest rates that are at or even below zero. Goose bumps guaranteed, because there are zombies afoot in the economy and in society at large, and they are liable to jump right out at you when you listen to The Zero Interest Trap.

©2019 Ronald Stoeferle (P)2020

More from the same

What listeners say about The Zero Interest Trap

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible Australia acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.