To: rightwingintelligentsia
The prediction models no longer work since we live in a world with basically 0% interest.
7 posted on
08/14/2019 11:12:17 AM PDT by
Revel
To: Revel
The prediction models no longer work since we live in a world with basically 0% interest.
Bingo. You nailed it. Traditional economic models are in the process of being disproven, which is more or less like the Law of Gravity being repealed.
10 posted on
08/14/2019 11:16:10 AM PDT by
Buckeye McFrog
(Patrick Henry would have been an anti-vaxxer.)
To: Revel
soooo! ..if interest is the cost of hiring money then does this mean that money has no value?
If so interesting times indeed!
12 posted on
08/14/2019 11:17:28 AM PDT by
Reily
To: Revel
You’re right. Artificially low interest is the future. Can you imagine if rates hit 22% as they did on July 22, 1981? What is the daily interest on $23 trillion at 22%?
13 posted on
08/14/2019 11:17:55 AM PDT by
Sgt_Schultze
(When your business model depends on slave labor, you're always going to need more slaves.)
To: Revel
And, more importantly, with large tax and regulatory reforms.
38 posted on
08/14/2019 1:28:26 PM PDT by
dynoman
(Objectivity is the essence of intelligence. - Marilyn vos Savant)
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