Quick, I need someone who understands economics! In four words or less, how should I feel about zero percent interest rates?!
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mostly we want to make it really easy for firms to (i) weather losses incurred as a consequence of people staying home, people taking sick leave, and having supply chains disrupted; (ii) to the extent there are opportunities to alter production to fit new needs,
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or to move out of china / abroad generally if trade collapses, to have funds readily available for that. usual caveats, I was never really a macroeconomist and I've been out of the game for years in any case
End of conversation
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