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> That's very hard to know, but to be clear it's negative real rates that drive the bubbles. Real rates are usually negative. Real interest rates defined as th
by abirch 4y ago
> That's very hard to know, but to be clear it's negative real rates that drive the bubbles.
Real rates are usually negative. Real interest rates defined as the Nominal Rate - Inflation. Japan has a negative nominal rate right now.
- jbay808 4y ago> Real rates are usually negative. Let me put that a bit more precisely: https://www.longtermtrends.net/real-interest-rate/ https://www.longtermtrends.net/real-interest-rate/