Re: poly: Why interest rates may stay low

Curt A. writes:
>You've lost me somewhere. Real rates are above 1-2% right now,
>and have been for a while.

I'm looking at data over decades and centuries, not over the
last few months.

>Uploads won't necessarily discount faster; that depends on
>their discount rates. I would assume uploads wouldn't be
>tied to just a multiplier of their human discount rate.

I was assuming we have hard-wired rates tied to our rate of
subjective experience, so that we again have a factor of two
per subjective "20 years", which might be only a few seconds
of real time.

Robin Hanson
hanson@econ.berkeley.edu http://hanson.berkeley.edu/
RWJF Health Policy Scholar, Sch. of Public Health 510-643-1884
140 Warren Hall, UC Berkeley, CA 94720-7360 FAX: 510-643-8614
Received on Sat Feb 28 00:56:39 1998