9 ms·
This definitely needs a citation. Why would the natural rate be 8%, never mind 15%? Apart from the Volcker Shock it's been less than that for literally all of A
by Analemma_ 4y ago
This definitely needs a citation. Why would the natural rate be 8%, never mind 15%? Apart from the Volcker Shock it's been less than that for literally all of American history [1]. Are you sure you're not just assuming that whatever the rate was in your formative years is "natural"?
[1]: https://advisor.visualcapitalist.com/wp-content/uploads/2020/10/MM17_U.S._Interest_Rate-3.jpg https://advisor.visualcapitalist.com/wp-content/uploads/2020...