29.10.2016 - Comments

Death aid for the saver

by Thomas Mayer


Central banks want to prevent people from saving too much. That's why they keep interest rates low - and thus cure the economy to death.

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).

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