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If everything is overvalued, nothing really is. To me, it is not a bubble but inflation.
by eddd 10y ago
If everything is overvalued, nothing really is. To me, it is not a bubble but inflation.
- andy_ppp 10y agoBut there is no inflation, right? Right?
- eddd 10y agoThere is, but printing money and giving it to investors creates inflation in assets that can be bought by them. Once money flows throught credit/banks to the entire market (already happening) you have price raises in pretty much everything. Stuff you buy on credit (education, housing, cars, consumer goods etc.) are getting more expensive as well. Does it matter? For people with savings in currency - yes (middle class?). People without savings can fight for raises as unions and rich people hedge against dollar already.