Well, that is happening. US is on track to start raising interest rates later this year.
Great; I think that higher US interest rates are a good thing and will help restore economic stability. Hopefully Japan and the EU will be able to follow on in the not too distant future.
Question to skilesare: what is the hypercapitalist take on rising interest rates? My impression is that hypercapitalism encourages negative interest rates. Am I understanding that correctly? Or, is hypercapitalism a reaction to negative interest rates?
Question to skilesare: what is the hypercapitalist take on rising interest rates? My impression is that hypercapitalism encourages negative interest rates. Am I understanding that correctly? Or, is hypercapitalism a reaction to negative interest rates?
I think rising interest rates should be a natural phenomenon arising for money getting more expensive. I also think that there are not many good reasons for money to get expensive. Money is a tool and a score keeper. It isn't anything real. There should always be enough money in circulation to buy all the ...
I posted a stupid question a couple of weeks ago and got some good feedback.
@ChristianKl suggested that I start building a model of hypercapitalism for people to play with. I have the first one ready! It isn't quite to the point where people can start submitting bots to play in the economy, but I think it shows that the idea is worth more thought.
Analysis:
http://www.hypercapital.info/news/2015/4/19/a-published-model-of-hypercapitalism
Runnable Code - fork it and mess around with it:
http://runnable.com/VTBkszswv6lIdEFR/hypercapitalism-sample-economy-for-node-js-and-hello-world
I'd love some more feedback and opinions.
A couple of other things for context:
hypercapital.info - all about hypercapitalism
Overcoming bias about our money
Information Theory and the Economy