[–] ForTheUltimate ago (edited ago)
This doesn't disprove my theory. There were simply not enough malinvestments to overcome growht opportunities.
prove it
lol. What's there to prove? There was not enough recession as you claim.
Anyway I've looked over the data on FRED and I think I'm done here.
I'll just add a little [precision] which I don't think will make any difference for you anyway (even though it's the only excuse I can imagine for you).
I just did. The investments you caused into being [that would otherwise not be without your intervention] simply cannot be profitable at the higher interest, thus raising interest rates causes a recession.
Goodbye.
[–] CanIHazPhD ago
Glad to see you realized your mistake.
[–] ForTheUltimate ago
I'm afraid not. My conclusion was strengthened after going the data and your arguments.
The malinvestments are liquidated every recession. Interest rates were never increased past the preceding recession's peak interest rate without causing a recession.