"What eight centuries of data tell us about interest rates"
"The chart is certainly not smooth. Two big inflection points occurred during the 14th-century Black Death pandemic, and then the European “Trinity” financial crisis of 1557. There were smaller inflections in 1914 and 1981."
How can you not believe an economist that brings "Black Plague" numbers to the table.
SGT James Murphy,
CPT Jack Durish,
SPC Gary Welch,
SGT Mark Anderson,
CPL Douglas Chrysler,
LTC Trent Klug,
CSM Charles Hayden,
SMSgt David A Asbury,
SSG William Jones,
SSG Michael Noll,
MAJ Dale E. Wilson, Ph.D.SGM Erik Marquez,
CW3 Harvey K. SFC William Farrell,
CPL Ronald Keyes JrSgt (Join to see),
SSG (Join to see)