consumption convenience yield investment Mike Sproul moneyness nominal interest rates real interest rate savings store of value TIPS uncertainty Beyond bond bubbles: Liquidity-adjusted bond valuation Ridwan X
Borges problem consumption investment moneyness Nick Rowe savings Steve Horwitz Steve Waldman Consumption isn't a fleeting burst of pleasure, it's a long-lived asset Ridwan X
Bob Murphy Borges problem consumption debt investment Nick Rowe Paul Krugman savings stocks and flows System of National Accounts William Hutt Debt, generations, savings, and economic categorization or the "Borges Problem" Ridwan X