Home News 5,000 Years of Interest Rates, Part II

5,000 Years of Interest Rates, Part II

January 23, 2020

Yesterday we hauled out evidence that interest rates have gone persistently down 500 years running.

And the high interest rates of the mid- to late 20th century?

These may be history’s true aberration, a violent but brief lurch in the chart… like a sudden burst of blood pressure.

Let us here reintroduce the graphic evidence:

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