|
|
|
|
|
|
by acapybara
1960 days ago
|
|
|
A nominal zero or negative rate can still be a positive real rate. It depends on future inflation/deflation. While it's easy to point at M1, M2 money stock figures (or the UK equivalent) as indicative of inflation, sometimes deflationary pressures are greater than the inflationary pressures from increasing money supply. |
|
|