Re: poly: Re: Why interest rates may stay low

From: Robin Hanson <>
Date: Tue Mar 24 1998 - 11:07:15 PST

Damien writes:
>>.. suggests investors don't anticipate such huge future returns. ...
>That investors expect to be dead before such returns materialize? (And
>corporations don't get around this because they have to return value to their

I don't understand the relevance of this.

>That the uncertainties associated with environmental problems, brittleness of
>civilization, or possible government interference in 'greedy' space investment
>at the moment discount really long term and huge projects?

This seems equivalent to saying there's a low chance of realizing large returns.

>That there aren't any direct channels for investing in the colonization of
>Alpha Centauri at the moment,

The crucial issue is what is unattractive exactly about "indirect" investments.

Robin Hanson
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 Tue Mar 24 19:22:23 1998

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