|
|
|
|
|
by imtringued
1163 days ago
|
|
Except even Fisher Black recognizes a potential currency trap at the zero lower bound and Fisher Black is someone who strongly believes in economic equilibrium. At that point I can't help but think that most people who think capitalism works are delusional since this is such a fundamental problem with capitalism that can at best be handwaved with eternal inflation. |
|