Logic of Negative Interest Rate

From

Inomata, Tsunao. “Credit and Credit Money.” Translated by Michael Schauerte, Martxists Internet Archive, 1932, https://www.marxists.org/subject/japan/inomata/credit_creditmoney.htm.

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The author's point of interest rate is that it reflects profitability. Thus, if a government sets interest rate below zero, it indicates there is no possibility for any business to be profitable.

We got capitalism, which knows there is no way to accrue profit.