2/ https://www.marketwatch.com/story/seven-centuries-of-interest-rates-and-why-alan-greenspan-got-it-right-in-one-chart-2017-11-08 …pic.twitter.com/JSioIVirON
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4/ all things react to supply and demand interest rates are a function of supply of capital when there is a VAST supply of capital, interest rates are low when capital is in short supply, interest rates are high low interest rates are a sign of a very wealthy civilization
5/ When sovereign interest rates are 20% ? When sovereigns are desperate for resources, but the entire populace lives in mud huts and has very very little capital to lend. When are interest rates low? When we all live in air conditioned castles and robotic factories make things
6/ so OP saying that low interest rates indicate a system dying is PRECISELY wrong low interest rates are evidence that a system is wealthy beyond words I bet 6 mo after Lucifer's Hammer interest rates are sky high - I'll pay you half of my harvest for 1 day loan of tractor.
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