[quote=XBoxBoy][quote=gzz]The big underlying cause of declining rates is demographic. [/quote]
I think your certainty that the lack of inflation and the inevitability of low rates is something you should rethink.[/quote]
I don’t think gzz said anything about lack of inflation. His prediction is about rate, which is about oversupply for saving v.s. market demand for those saving.
If I understand him correctly. He is saying that demographic change creates more savings and the rich also has excessive saving, that they will accept however low returns due to these excessive savings that there’re not enough market demand for it (e.g. lower corporate investment demand).
