In this video we talk about interest rates, their different uses in the economy and the current situation, that is, the negative interest rates scenario. It is a very important topic to deal with, as interest rates have an important impact in the economy, in particular during deflationary periods when people or institutions are inclined to hoard money, rather than spend or lend it.
On the other hand, we also offer a historical trip while talking about negative interest rates in countries such as Japan, the United States or the European countries.
Finally, we conclude with the advantages and disadvantages of negative interest rates.