What are the deepest explanations for negative interest rates? It's most curious, to put it mildly; it seems not unlikely to be a sign of some epochal societal transition.https://twitter.com/sama/status/1215450930293817345 …
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Shrinking population, slowing productivity, and deepened financial markets
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What does "deepened financial markets" mean? (Thanks! BTW: do you agree with other replies that retirees increasing demand for low-risk investments is part of it?)
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