The Importance of Risk Free Zero Rates

The whole concept of having a risk free rate that's at a high hurdle rate is completely foreign to anybody that works for Jonathan Gray it's certainly today at B-Ree. Every perspective problem is born out of their prior mistakes I mean everybody knows that that's paying attention so your mistake would be inflation goes from like we have it going towards four okay great that's double the target and then they start cutting rates and inflation goes back to six seven eight percent you're right back in it one more time.