
MI272: The Crisis Isn’t Over: The Case for Deflation w/ Jeff Snider
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Complexity of Decline Rates
There's such a wide variation. That's what makes it so incredibly difficult because you'd like to say there's a template that we can just follow. The good way would be if we have short-term rates up here and longer-term rates down here, long-term rates rise. We also have this bad steepening where interest rates along the entire curve fall, but they fall faster at the short end than the long end.
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