The zero lower bound is one of the great myths of monetary economics. It is the statement that interest rates cannot fall below zero, for otherwise people would hoard cash. Generations of central bankers have treated it as the equivalent of zero degrees Kelvin, the lowest theoretically possible temperature.
零下限是货币manbetx20客户端下载 学的一大神话。这种理论声称,利率不可能降到零以下,否则人们将会囤积现金。几代人以来,中央银行家都将其等同于零开氏度(Kelvin)——即理论上可能的最低温度。
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