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Going to disagree with you here. I think it'll be impossible to raise interest rates much further without causing economic damage. See negative interest rate policies in Japan and Europe, and close to zero rates still in the US.



I 100% agree with you about the difficulty of raising rates. But I don't think they'll continue to drop like they have over the past 30 years.

I have a hard time imagining a world of -5% to -10% rates!


> I have a hard time imagining a world of -5% to -10% rates!

A year ago I would've agreed with you, but with the ECB at -.04 and Japan at -0.02, I believe it more likely than previously.


Heh, fair enough. It's certainly very surprising to see rates below zero. So, indeed, I am much less certain about the future!




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