[ExI] Even India and Haiti do it better

John Clark johnkclark at gmail.com
Fri May 8 13:16:33 UTC 2020


On Thu, May 7, 2020 at 7:15 PM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

*> suddenly the lenders stop lending, and start wanting to borrow.  That
> sends the interest rates thru the roof.*


We've heard all that before, people have been saying deficit spending will
produce ruinously high interest rates for 2 centuries and right now
interest rates are the lowest in living memory, but don't give up hope you
still might get lucky; remember, if you want to make a correct prediction
you've got to predict often, and even a stopped clock is right twice a day.

John K Clark
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