@sarahdoingthing The extent to which the economy has been distorted by central banks is… horrifying. No one has a grip on this yet.
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@Meaningness@sarahdoingthing mostly real interest rates are driven by real factors. CB has little power & mostly in opposite direxion - 32 more replies
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@Meaningness@dallasnews seems like it would have more to do with subsidies than CB policy -
@garybasin Certainly part of it! And maybe not a bad thing (cuz global warming). But depressed long rates => general energy malinvestment.
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@Meaningness Wait, what's the connection with interest rates? The article doesn't mention that. -
@citronhoneytea Sorry, I missed replying to this earlier! See my subsequent discussion with@bswud for explanation.
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