Why is it so difficult for supposedly "smart" economists to understand that low interest rates are dismantling the...

That may be so - but don't draw the inference that 'putting' interest rates at 5-10% will cause a boom. When conditions conducive to growth appear, businesses make higher profit levels and can as such profit more from a given level of interest rates.

Asuka prophecy is real

So what?

Sounds like a win/win get dabbed on boomer

It's literally as if a Jew wandered into your town and said 'I give you the right to steal from whoever you want except from me as long as you give me a 10% cut'

It's only a win/win if you're a kike
Typical tricks schlomo

Nah you just made every other zoomer's money worthless.
Renting should be prohibited, and just changed into a gradual sale of sorts.

So a mortgage?

lol

Low interest rates are a symptom of the problem, not the cause.
Productivity is increasing because of automation, so to avoid an unemployment crisis, the money supply has to keep increasing.
To increase the money supply, the government can either borrow more money or cut interest rates so the private sector borrows more money.
Governments have been reluctant to borrow enough money because most of the public are under the illusion that doing so equates to economic irresponsibility. So they have to encourage the private sector to borrow more instead, even though that doesn't work very well when they don't want to borrow more.

But usury is a bad thing, and wanting to return to high interest rates is far more retarded. All it would do is enable the rich to get richer without doing any work.

>5-10%
>good
a booming economy isnt sustainable
higher interest rates lead to hyperinflation or defaults

inflation needs to be around 1.5%
interest rates need to be around 2-3%

any other answer is retarded

came here to say this desu

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