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Or the dotcom bubble. Rates were kept too low after that and we got the mortgage crisis.
by lordnacho 7y ago
Or the dotcom bubble. Rates were kept too low after that and we got the mortgage crisis.
- nabla9 7y agoToo low rates actually started around 1311 I highly recommend: "Eight centuries of global real interest rates, R-G, and the ‘suprasecular’ decline, 1311–2018." https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3485734 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3485734 Related to the paper: - Visualizing the 700-Year Fall of Interest Rates https://www.visualcapitalist.com/700-year-decline-of-interest-rates/ https://www.visualcapitalist.com/700-year-decline-of-interes... - Macro Musing podcast with author: https://soundcloud.com/macro-musings/paul-schmelzing-on-the https://soundcloud.com/macro-musings/paul-schmelzing-on-the
- lordnacho 7y agoYeah I've seen that. Going down doesn't mean too low though.