The reality: growth has stalled, and will soon be a thing of the past, in global sum. So all the old Archived Message
Posted by Rhisiart Gwilym on August 1, 2019, 6:56 pm, in reply to "the myth: lower interest rates result in higher growth and higher rates result in lower growth"
rough - and never very effective - rules of thumb in the ill-understood mysteries of economics are beginning to break down.Do what we will with interest rates, once growth can no longer continue it will stop - followed by [taboo filthy word warning!] shrinkage! Now coyly called 'negative growth', ffs!
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