patrick.net

On the rate aspect, rates have been falling for 34 years

If we pull back starting from 1900

Majority of the economic life cycle has had low rates

True but it can't and won't go on like this forever.

mell says

True but it can't and won't go on like this forever.

No it can't but it can stay low for a lot longer than what people think if inflation stays low as well.

Best case for higher rates and higher inflation are years 2020-2024 when demand consumption from a younger workforce creates more inflation.

However, big picture, older demographics are deflationary and the world is getting older, America does have a young workforce coming on line but a lot countries in the world are fighting older demographics