3 ms·
100% agree with everything except that this is the "beginning" - I think we're a couple iterations in already. It's just so widespread and deeper than before th
by caseysoftware 7y ago
100% agree with everything except that this is the "beginning" - I think we're a couple iterations in already. It's just so widespread and deeper than before that people are seeing it more.
0% interest rates are purely to encourage consumption now instead of later. But unfortunately, the bill always - usually? - comes due. Unfortunately, most of the common indicators, signs, and metrics are detached from each other. Maybe they always were (Keynes vs Hayek) but now they're going opposite of where "common sense" says they should.