That is interesting. My knowledge here is pretty limited. If interest rates were lower, saving would be lower and so technological progress would be slower—unless, I guess, governments intervened to make folks save.
http://reflectivedisequilibrium.blogspot.com/2014/06/increasing-and-improving-saving-as.html
What might other concrete effects of artificially low interest rates be?
That is interesting. My knowledge here is pretty limited. If interest rates were lower, saving would be lower and so technological progress would be slower—unless, I guess, governments intervened to make folks save.
http://reflectivedisequilibrium.blogspot.com/2014/06/increasing-and-improving-saving-as.html
What might other concrete effects of artificially low interest rates be?