BBC Radio 4

  • Negative interest rates, paying banks for holding our funds, violates this established norm.
  • Five central banks, which together oversee a quarter of the world’s economy, have opted to impose negative rates on the commercial banks that must use their services.
  • The payment of interest goes back to the Babylonians.
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@BitcoinRat: “thoughtful programme by @martinwolf_ @BBCRadio4 current dire & unsustainable state of our economy. bitcoin anyone?”


Martin Wolf examines how the search to revive growth is testing the norms of economics.


BBC Radio 4