3 ms·
> Predicting interest rates accurately in the long run is impossible, you have no basis for these statements. Define "long run". Because over a few centuries t
by throw0101c 3y ago
> Predicting interest rates accurately in the long run is impossible, you have no basis for these statements.
Define "long run". Because over a few centuries the trend has been down:
* https://www.bankofengland.co.uk/working-paper/2020/eight-centuries-of-global-real-interest-rates-r-g-and-the-suprasecular-decline-1311-2018 https://www.bankofengland.co.uk/working-paper/2020/eight-cen...
* https://www.visualcapitalist.com/700-year-decline-of-interest-rates/ https://www.visualcapitalist.com/700-year-decline-of-interes...