Harvard’s Rogoff: Negative Rates Should Be on the Table for Fed

The video discusses the potential and challenges of implementing negative interest rates in the UK and US, comparing them to Europe's experience. It highlights the need for proper implementation to avoid issues like cash hoarding. The discussion also covers the nationalization of the bond market and its implications, especially in the context of economic crises where liquidity is provided to companies. The video concludes by addressing the risks and limitations of such financial interventions.

How does the speaker describe the relationship between liquidity problems and company solvency during a crisis?

What is the speaker's perspective on the long-term sustainability of taxpayer guarantees for credit in the economy?