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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 anewaccount2021 on Thursday January 28, 2021 @08:51PM (#25952583)
Interest rates are the cost to borrow money. Money isn't scarce, so its worth less, and as a result, costs less to borrow.

Devalued currencies tend not to be consistent with historical stability - they tend to arrive around the same time a society "resets".

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