Interesting. Well thought post. I don’t necessarily agree. 75% of VC investments go to zero, it’s expected that many of them are false actors/aren’t gonna make it, whether the FFR is 0% or 5% doesn’t make a difference in that. The idea is one of the investments will hit and be the next Airbnb or Uber.
I’m sure there’s been books written by smarter men than me on why 2% inflation is the target. A 0% inflation mandate seems like it could lead to low growth/no economic development.
ac62617 t1_j1y7ggb wrote
Reply to Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
Interesting. Well thought post. I don’t necessarily agree. 75% of VC investments go to zero, it’s expected that many of them are false actors/aren’t gonna make it, whether the FFR is 0% or 5% doesn’t make a difference in that. The idea is one of the investments will hit and be the next Airbnb or Uber.
I’m sure there’s been books written by smarter men than me on why 2% inflation is the target. A 0% inflation mandate seems like it could lead to low growth/no economic development.