2 ms·
Of course it is not sustainable and will end in tears. Governments around the world have been (re)-inflating asset prices by keeping interest rates artificiall
by jazzyk 11y ago
Of course it is not sustainable and will end in tears.
Governments around the world have been (re)-inflating asset prices by keeping interest rates artificially low (far below even the official inflation rates, never mind the real ones). This causes an ultimately speculative stampede into assets (stocks, real-estate, etc)