Hitting Zero: 700 Years Of Declining Global Real Interest Rates

Hitting Zero: 700 Years Of Declining Global Real Interest Rates

Feb 4, 2020 | News

A recent study by Yale economist Paul Schmelzing suggests that global real interest rates “could soon enter permanently negative territory.” In Mesopotamia around the third millennium B.C. there were two types of money circulating: barley and silver. The interest rate...