taw comments on Abnormal Cryonics - Less Wrong

56 Post author: Will_Newsome 26 May 2010 07:43AM

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Comment author: taw 26 May 2010 10:30:47PM 4 points [-]

Real interest rates should be fairly constant

They're nothing of the kind. See this. Inflation-adjusted as-risk-free-as-it-gets rates vary between 0.2%/year to 3.4%/year.

This isn't about discount rates, it's about supply and demand of investment money, and financial sector essentially erases any connection with people's discount rates.

Comment author: Larks 26 May 2010 10:46:33PM 2 points [-]

Point taken; I concede the point. Evidently saving/borrowing rates are sticky, or low enough to be not relevant.