All posts in " CBI "
Share

Do Lower Interest Rates Promote Deflation?

By admin / October 25, 2016

QUESTION: Mr. Armstrong; You have said that the only way to reverse the deflation is to raise interest rates not lower them. I understand that the low rates only reduce the cost of funds for banks, but it hallows-out savings and pensions. Has anyone listened to you and tried the opposite trend to raise interest […]