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I 100% agree with you about the difficulty of raising rates. But I don't think they'll continue to drop like they have over the past 30 years. I have a hard ti
by harryh 11y ago
I 100% agree with you about the difficulty of raising rates. But I don't think they'll continue to drop like they have over the past 30 years.
I have a hard time imagining a world of -5% to -10% rates!
- toomuchtodo 11y ago> I have a hard time imagining a world of -5% to -10% rates! A year ago I would've agreed with you, but with the ECB at -.04 and Japan at -0.02, I believe it more likely than previously.
- harryh 11y agoHeh, fair enough. It's certainly very surprising to see rates below zero. So, indeed, I am much less certain about the future!