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Explanations

Negative interest rates defy gravity

Geoff Riley

9th June 2016

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Here is a cartoon explainer on why official interest rates are now negative in a quarter of the global economy without causing, so far, massive cash withdrawals.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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