Re: poly: Why interest rates may stay low

Hal Finney writes:
> It appears that Robin suggests two reasons why economic growth rates may
> remain near 2-3% as they have historically.

Historic growth rates have NOT been around 2-3% -- indeed, growth
rates have often been far higher, sometimes in the double digits.

The claim is that the historical "rate of return on investment" has
been in that range (whatever it may mean...)

Perry
Received on Tue Mar 3 23:56:28 1998