Monday, May 16, 2011

Low interest rates

We have them because we are doing the double dip, dropping rank, down shifting; more exactly, conserving inputs, because they are short. I have some math back there somewhere in which I chart the generalized yield curve, under Shannon, for ranks N and N-1. The curve leans right.

A double dip, like the 1930s? Great news, it looks like we are in for 20 years of prosperity and growth. Right? Isn't that step 3?

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