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VIDEO: Negative Rates: Into Uncharted Waters

Summary:
A world in which borrowers get paid interest on their loans is a counterintuitive world, indeed. Watch Gene Sperling, former Director of the National Economic Council, weigh in on why central banks have resorted to the unprecedented policy of negative interest rates and the potential for competitive devaluations moving forward.

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VIDEO: Negative Rates: Into Uncharted Waters

A world in which borrowers get paid interest on their loans is a counterintuitive world, indeed. Watch Gene Sperling, former Director of the National Economic Council, weigh in on why central banks have resorted to the unprecedented policy of negative interest rates and the potential for competitive devaluations moving forward.

 

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