3 ms·
Either you can create value (which seems reasonable as long as we receive free energy from the sun) in time or not. If you can, the natural interest rate cannot
by pfortuny 4y ago
Either you can create value (which seems reasonable as long as we receive free energy from the sun) in time or not. If you can, the natural interest rate cannot be zero.
We are at the moment in time when we can make the most out of “thin air”.
It makes no sense that the rate is effectively zero.