Please stop posting crap as even without your collaboration there is already a huge load of it going around.
Look at this:
"When they do, then people have a reason to withdraw paper cash (cash is at 0%, which is better than negative). This will be a run on the bank. When the government made the currency irredeemable, the central planners thought they had ended the possibility of a systemic run (as opposed to a run on a single failing bank). But that is only true if interest rates are >= 0%.
“OK,” you say, “they can fix this by banning cash francs. Everyone will be issued a card and must use the card to debit and credit their accounts.” We will not address the sinister overtones of totalitarianism implicit in this idea. We will focus only on the economics. "
Can't you understand the nonsense that this imply? A system run, everybody liquidating their deposits in favor of cash. Can't you see that at a certain point excess reserves would disappear bringing interest rates to normal?
Go to back to veterinary because as an economist your are a failure.
