Marvin Goodfriend Lays Groundwork for Negative Rates

The transcript discusses Marvin Goodfriend's unconventional ideas on central bank policies, focusing on removing the zero interest rate bound and adopting electronic currencies. It highlights the debate on negative interest rates and their societal impact, contrasting with traditional economic views. The discussion also touches on the challenges of implementing such policies and the public's potential resistance.

What challenges did Goodfriend identify regarding the implementation of negative interest rates?

What was the general sentiment towards negative interest rates among the public, according to the discussion?