Can Flappy Bird Navigate Low Interest Rates? | Bloomberg View

Central banks that aren’t “sadomonetarist” — and that’s most of them these days — do more than stimulate demand and make it easier for heavily indebted individuals and companies to bear that burden.

They change national habits and can make even the most frugal people start spending borrowed money.

via Can Flappy Bird Navigate Low Interest Rates? – Bloomberg View.

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