Even Jose Conseco Thinks Negative Interest Rates Are "Dumb"

February 5, 2016 by
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Even Jose Conseco Thinks Negative Interest Rates Are “Dumb”

February 5, 2016

Former baseball player Jose Conseco, who wrote a tell-all book on steroid use in baseball, is no fan of negative interest rates, recently tweeting: 

Who is advising Japan? Forcing banks to lend all ¥ will not get 2% inflation. It creates loanees market with even lower rates.  Dumb move

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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