Sunday, July 28, 2019

Did Ben Bernanke Tell Us Back in 2016 What Central Banks Would Do In The Future?


Because the 2016 US Presidential Election was heating up, and the media coverage of Donald Trump was non-stop, many people missed Ben Bernanke writing a blog article on the Brookings Institute about negative interest rates in March 2016 and then his visit to Japan later that year where he recommended that the Bank of Japan (BOJ) convert its bond holdings into zero-coupon perpetual bonds.