[ExI] More economist failures

Adrian Tymes atymes at gmail.com
Wed Aug 10 01:26:43 UTC 2016

On Tue, Aug 9, 2016 at 5:00 AM, BillK <pharos at gmail.com> wrote:

> I wonder if central banks will continue
> with low and negative interest rates when it starts driving pension
> schemes bankrupt?

Assuming that happens (which it might, but I don't have good data one way
or another), I'd say "because" instead of "when".

"Pensioners, you can either hang on to this bankrupt (implication: not
going to give you anything forever, ignoring chance of recovery) scheme
which is costing us a lot, or accept this alternative that costs us much
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