<html><body><p>Negative <a href="https://quotes.tuteehub.com/tag/interest-2681" style="font-weight:bold;" target="_blank" title="Click to read more quotes about INTEREST">INTEREST</a> <a href="https://quotes.tuteehub.com/tag/rates-8882" style="font-weight:bold;" target="_blank" title="Click to read more quotes about RATES">RATES</a> <a href="https://quotes.tuteehub.com/tag/hurt-309" style="font-weight:bold;" target="_blank" title="Click to read more quotes about HURT">HURT</a> <a href="https://quotes.tuteehub.com/tag/banks-4488" style="font-weight:bold;" target="_blank" title="Click to read more quotes about BANKS">BANKS</a>' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.</p></body></html>

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Negative INTEREST RATES HURT BANKS' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.

Author - Joseph Stiglitz Subject - Banks

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Negative INTEREST RATES HURT BANKS' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.

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Negative INTEREST RATES HURT BANKS' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.

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