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Q Eurozone Deflation and Clearing Houses Mechanism

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Miloslav Hoschek
Miloslav Hoschek
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Please, may I get an  answer to following 2015 hypothetical  scheme:

In the case  ECB' s Board will announce
the negative discount rate ( official rate under ZERO level) as a  long-term lasting new doctrine for a battle with deflation in eurozone, what may happen then? 

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Miloslav HOSCHEK PhD
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Miloslav Hoschek
Miloslav Hoschek
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e-Silk Road, NGO
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Bratislava
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