Will liabilities become “assets”
Financial world changes “plus” to “minus”
Published in
4 min readNov 26, 2019
In September 2019, US President Donald Trump, in his original manner via Twitter, suggested that the US Federal Reserve move interest rates to a negative zone from zero and below to refinancing the US government ‘s current $23 trillion debt and extend its maturity. The idea of zeroing out rates to stimulate growth is tempting, especially when the amount of accumulated debt is huge and virtually all markets are dependent on changes in the US Federal Reserve monetary policy. But emergency measures that…
