- The International Monetary Fund says that interest rates will go back to pre-covid rates (ie. 0%). They’re wrong. (This is no time for false modesty. I’ve been right for the last three years while they’ve been consistently wrong). They say that interest rates will go down because of low productivity and an ageing population. That is so stupid. If you make less of something what do you think happens to the price? Exactly. The explanation for this apparent lunacy is that the IMF (like the rest of the financial community) is deliberately confusing and bewildering those daft enough to…
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Source: Dr Vernon Coleman - MB ChB DSc Read the original article here: https://vernoncoleman.org/