New answers tagged


Let’s say that a very low interest rate is of the order of 0.1% and a high interest rate of the order of 10%, so there is a likely range of say two orders of magnitude. Then logarithmic thinking commits you to regarding the difference between 0.1 and 1% as equivalent to that between 1 and 10%. Is that sensible or accurate economically? I know as an ...

Top 50 recent answers are included