Economic Confessions! US Natural Rate of Interest Hits All-time Low (Never Recovered From 2008 Financial Crisis)
by confoundedinterest17 The global economy never recovered from the carnage created by the financial crisis of 2008. One measure that shows how bad things have gotten is the Laubach Williams “Natural Rate of Interest” or R-star which is now at an all-time low. (R-star is the real interest rate expected to prevail when the economy is … Read more