BoatShoes;1377946 wrote:Suppose interest rates were at 2% right now. I imagine you would think it a good idea to send them lower, no? If that's true, and you're at the zero bound but quantitative easing could send the real interest rate lower, why wouldn't that be a good idea if lowering the interest rate from 2% down to 1% would be a good idea? Especially considering that, after half a decade, the hyperinflation/dollar debasement fears of the gold-bugs/libertarians resulting from quantitative easing alone can be dismissed out of hand?

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