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Archive for: May, 2009
Rss feed of blogs Paul Penrose - Finextra - London | 20/05/2009 | 3287 views | 2 comments
With the spectre of negative interest rates hoving into view, is it time to rethink the value of cash as a medium of exchange? Failure to do so will lead inevitably to currency hoarding as savers turn their assets into cash to avoid the deflationary effects of a move to negative interest charges. In his maverecon blog at the FT, Wiliam Buiter, a ... Tags: Payments, Retail banking
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