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.
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.
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)