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Price of money: the interest disappears forever

Nnegative interest rates? Actually, that cannot be, is the argument that corresponds to the gut feeling of many citizens. Some experts, in turn, attribute the change in interest rates to negative results from wrong economic and monetary policy decisions in recent years. A long-term scientific study by Harvard scientist Paul Schmelzing sheds new light on the question of why interest rates are disappearing. The findings go far beyond the past decades.

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