Larks comments on Mathematicians and the Prevention of Recessions - Less Wrong

8 Post author: JonahSinick 25 May 2013 04:12AM

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Comment author: Larks 25 May 2013 01:49:38PM * 1 point [-]

Even if they've been repaid, the low interest rates might represent a big transfer of wealth from the poor to the wealthy.

They might represent a transfer from taxpayers to bondholders and shareholders of banks, but not to the tune of $9 billion.

Also thank you for providing the reference I was in too much of a hurry to.

Comment author: rhollerith_dot_com 16 June 2013 08:24:41PM 0 points [-]

They might represent a transfer from taxpayers to bondholders and shareholders of banks, but not to the tune of $9 billion.

Typo: you meant, "trillion".

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