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Old 05-04-2020, 17:28   #1816
jfman
Architect of Ideas
 
Join Date: Dec 2004
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Re: Coronavirus

Quote:
Originally Posted by nomadking View Post
Seeing as "normal" is going to not be that great or even a loss, a safe investment it a "supernormal" one. Still the underlying principal remains, it is people with spare money to invest that provides the money that government borrows. Same as for money for mortgages and business and personal borrowing.
Normal and supernormal are defined terms in economics. You can't conflate the two in this way in the context of the advice from Mogg's investment group.
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