this post was submitted on 14 Aug 2024
82 points (96.6% liked)
Economics
432 readers
65 users here now
founded 1 year ago
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Maybe tough to get a concensus on where the economy is going to be, a bit of reading tea leaves.
Regardless, agreed on extended 0% being problematic. Out of all the factors dragging us down:
interest rate history, pandemic, demographic shifts, climate change, global instability...
It could be interest rates that are having the largest impact today. Considering it caused such a large wealth transfer, equity inflation, and a drag on productivity.