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

From: Robin Hanson <>
Date: Wed Mar 25 1998 - 12:36:37 PST

Perry writes:
>Imagine tomorrow morning someone came up to you, Robin Hanson, and
>asked you to invest your money in something with no way to calculate
>the rate of return, no way to calculate the odds of any particular
>rate of return, and no exit strategy for 150 years.
>You'd tell them to take their prospectus and shove it.

Yes, and I'd do this if you changed "150 years" to any time period
whatsoever. I'm asking for a reason why I should care much about
that aspect of the scenario.

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 Wed Mar 25 20:46:50 1998

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