Re: poly: Why interest rates may stay low

Robin Hanson writes:
> Curt A. writes:
> >You've lost me somewhere. Real rates are above 1-2% right now,
> >and have been for a while.
>
> I'm looking at data over decades and centuries, not over the
> last few months.

How does one calculate the "real" rate of interest in 1998? (Could you
tell me what that rate is, by the way? I certainly can't.) How does
one compare that "real" rate in 1998 to the "real" rate in 1918? In
1818? In 1618?

I know that many people have produced extremely interesting theses
describing these rates over the centuries. I'm just not sure I believe
them.

Perry
Received on Sun Mar 1 00:04:14 1998