Bart Klein Ikink
Articles by Bart Klein Ikink
In the past when borrowers couldn't pay their debts with interest they became the serfs of money lenders. That's why usury was often forbidden. Usury was the road to serfdom. Most people have forgotten about that. Nowadays most money is...
A financial crisis occurs when liquidity in the financial markets suddenly disappears. To cope with such an event central banks are ready to inject liquidity into the financial system. Liquidity is another word for central bank currency....
The prospect of negative interest rates is making people angry. They don't like the idea. For that reason some politicians call for a ban on negative interest rates because that will make voters happy. This is a price control and that...
Introduction
The coming financial crisis may prove to become a turning point in history. Central banks will be considering negative interest rates because the natural interest rate, which is the interest rate that will bring stable...
The coming financial crisis may prove to become a turning point in history. Central banks will be considering negative interest rates because the natural interest rate, which is the interest rate that will bring stable...
