Daniel Roland/AFP/Getty Images

负利率的政治学

雅典—欲望目标都是有成本的。只有坏东西,比如有毒废弃物,价格为负,等于为愿意让他消失的人所支付的费用。这意味着负利率隐含着一个新的看待货币的角度——它已经“坏了”吗?

在市场经济中,货币是衡量商品和服务价值的指标。而利率则是这一指标——即货币本身的价格。当价格为零时,把钱藏在床底下和拿来放贷没什么区别,因为持有或借贷现金没有成本。

但货币价格怎么会是零呢?毕竟,世界的运转要靠钱,卡尔·马克思也,钱“把我的一切无能变成了能力。”它又怎么可能变负呢?目前,全球经济中许多货币的利率为负,全世界有钱人“贿赂”政府向自己借走5.5万亿多美元。

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