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A comment on Global real interest rates and the ‘suprasecular’ decline, 1311–2018 (2020). Parent comment

Re:Global real interest rates and the ‘suprasecular’ decline... by sudosysgen on Thursday January 28, 2021 @08:28PM (#25952394)
That would be positive time value.
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Re:Global real interest rates and the ‘suprasecular’ decline... by ahepp on Thursday January 28, 2021 @08:59PM (#25952644)
I believe it would be negative time value?

It is generally assumed that in an inflationary economy, a dollar today is worth more than a dollar tomorrow

The post above seems to talk about deflation.

It's possible we're just using a different sign convention (or perhaps I've missed something more fundamental)

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Re:Global real interest rates and the ‘suprasecular’ decline... by sudosysgen on Thursday January 28, 2021 @09:05PM (#25952705)
Yeah, I do think we're just using different sign conventions here, because of inflation and opportunity cost a dollar today should be worth more than a dollar tomorrow.
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Re:Global real interest rates and the ‘suprasecular’ decline... by chordalkeyboard on Thursday January 28, 2021 @09:45PM (#25953088)
A dollar today is worth more than a dollar tomorrow, thats why I have to give you $1.1 tomorrow in exchange for you giving me $1.0 today.
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