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That's taking the argument to an unrealistic extreme. Rather, non-zero interest rates and resulting inflation/deflation incentivize market inefficiencies. Not a
by maaku 14y ago
That's taking the argument to an unrealistic extreme. Rather, non-zero interest rates and resulting inflation/deflation incentivize market inefficiencies. Not a big enough inefficiency to drive an industry out of business (unless we're talking hyperinflation), but enough to be measurable consequences.