The Implications and Rationale of a Negative Rate Policy, A Consumption Point of View

I have recently read 2 interesting posts on negative rates by Stiglitz and Bernanke . Basically, they are trying to assess the impact and effectiveness of central banks pushing down rates to negative territories. Stiglitz seems to think that it’s not going to be that impactful considering the fact that real interest rates are already negative  ( Nominal interest … More The Implications and Rationale of a Negative Rate Policy, A Consumption Point of View