Comment by RicoElectrico
17 days ago
Interest rates have been comically low for way too long. This alone would change a lot, favoring labor over capital and more sustainable growth.
17 days ago
Interest rates have been comically low for way too long. This alone would change a lot, favoring labor over capital and more sustainable growth.
Had been**. Still low, but we aren't laughing anymore. https://www.macrotrends.net/2015/fed-funds-rate-historical-c...
Do high interest rates not, by definition, favor capital over labor?