Depression update
Best story so far. L&G have some computer model of the UK economy, and they put in all the variables and asked it to come up with the optimum interest rate to balance growth and inflation, and it returned a value of MINUS 1.25%.One gets a vision of a large 1950s style mainframe computer with smoke coming out of it as it gave the answer.
Labels: economics
posted by Matthew @ 12/22/2008 11:06:00 AM
Comments: 1
