"Macro Waves": Negative interest rates and the paradox of saving
What are the causes of negative rates while explaining how they can brought about the “paradox of thrift”? What does this concept cover? And how could negative rates foster the emergence of such a paradox? How negative rates can impact households and their savings? How negative rates can have an unfavourable impact on financial income and notably retirement savings capital? Are these negative rates causing an increase in households’ savings rate and is this increase to last ? And if so, to what extent can the monetary policy be affected?
3 episodes of insights and pointers by William De Vijlder in series of podcast “Macro Waves”.
Crédit photo header ©goodluz