Global real interest rates and the ‘suprasecular’ decline, 1311–2018 (2020)

Re:Global real interest rates and the ‘suprasecular’ decline... by pishpash on Thursday January 28, 2021 @09:17PM (#25952806)

Interest rates have yet to respond because they are being held down actively by central banks. Those are not market forces.

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Re:Global real interest rates and the ‘suprasecular’ decline... by imtringued on Friday January 29, 2021 @08:14AM (#25956898)

I agree. The interest rates should be mildly positive and go up over time. Inflation is almost on track in the US. The only missing piece is a public declaration that there will be no more easy money in the future. That will drive up inflation to slightly above 2% because everyone will be scrambling to do productive work.

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Re:Global real interest rates and the ‘suprasecular’ decline... by ahepp on Friday January 29, 2021 @12:25AM (#25954332)

I actually mis-spoke. I meant to say "inflation has yet to respond".

Interest rates is the manipulated variable, inflation is the observed.

Appreciate you catching that.

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