reply on: Central banks need escape route from cycle of boom and bust \ stacker news ~econ

0 sats \ 0 replies \ @Rothbardian_fanatic 2 Nov \ parent \ on: Central banks need escape route from cycle of boom and bust econ

Because it’s somewhat easier than 72. The logarithmic calculation applied to compound interest. You can use 70, 72 and 69.3. I use 70 for ease of calculation.