Table 1 Impact of sovereign money phase 1
From: The sovereign money initiative in Switzerland: an economic assessment
Annualized percentage of GDP | ||
|---|---|---|
Positive interest rates | Liquidity trap 1993–2006 | Current period |
SNB | 0.79 | 0 |
Government | − 0.08 | 0 |
State total | 0.71 | 0 |
Depositors | − 1.00 | 0 |
Banks | − 0.15 | 0 |
Total | − 0.44 | 0 |