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That's just gambler's fallacy. If you said the same thing in 2018 you'd have just as much evidence, but you would have been wrong.
by boc 4y ago
That's just gambler's fallacy. If you said the same thing in 2018 you'd have just as much evidence, but you would have been wrong.
- JohnFen 4y agoHow would I have been wrong? They didn't stay at zero forever.
- boc 4y agoIn 2018 some countries had started experimenting with negative interest rates, so 0 isn’t the lower bound. Secondly, you would have been wrong for the next ~3 years. That’s a long time to be on the wrong side of a bet. Long term nothing is guaranteed of course.