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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 throw0101a on Thursday January 28, 2021 @10:26PM (#25953447)
We're about to find out.

The traditional thing to do is raise interest rates when things start getting hot.

But having "too much" economic activity is in some ways better than not enough with people being unemployed and such.

[ Parent | on HN ]
Re:Global real interest rates and the ‘suprasecular’ decline... by imtringued on Friday January 29, 2021 @07:48AM (#25956697)
The big problem with too much economic activity is that there is too much economic activity in the wrong places. After WW1 that meant lots of basic needs could not be met because the economic focus was on war reparations. I don't think we are going to lack those basic needs this time around.
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