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uhsguy  ·  401 days ago  ·  link  ·    ·  parent  ·  post: Pythagorean Theorem Found On Clay Tablet 1,000 Years Older Than Pythagoras

One thing to keep in mind is that base interest rate doesn’t matter as much as real interest rate. With modern monetary theory you really can’t compare pre 1971 and post 1971 rates without adjusting out inflation and you can’t really do that because at some point CPI and inflation decoupled due to and healthcare, housing weighting as well as hedonic adjustments there isn’t really a good number to use instead.