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by emh68
15 days ago
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I have this graph I like to show with "risk to company posed by changes" and "benefit to company posed by changes" on the y axis and "company entrenchment" on the x axis. The "benefit" graph starts out nearly vertical but quickly levels off. The "risk" is the inverse, starts off horizontal but quickly ramps up to infinity. So I think that ZIRP has little effect on the "just say no" phenomenon, that's more about company size. |
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