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20.07.2022 - Comments

In search of lost interest

by Thomas Mayer

Interest rates have fallen over the last 700 years. Medium term, a return to trend values for the real rate of around four percent and the nominal rate of somewhat below six percent is likely.

This comment is available in German only.

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20.07.2022 - Society & Finance

Discounting is easy, or is it?

by Philipp Immenkötter

The compound interest is the cornerstone of the financial world, but unfortunately its application causes problems. Humans are impatient, but compound interest takes a long time. Can we get by without it?