Month: January 2020

The IMF’s Guide to Enabling Deep Negative Interest Rates to Fight Recessions

When institutional elites communicate with one another to implement plans that may significantly affect the rest of the non-elite world, they usually do so inconspicuously, through technical documents that are shared between members of the group. It’s not that the documents are inaccessible to the public (they are, upon request), it’s just that the public …