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>investors have been discouraged from investing in productive assets and investment vehicles by the low interest rates Not really. They've been discouraged fro
by crdoconnor 10y ago
>investors have been discouraged from investing in productive assets and investment vehicles by the low interest rates
Not really. They've been discouraged from investing in productive assets because of anemic demand - caused in turn by high income and wealth inequality.
No point in building another factory if the people who would purchase its output are stuggling to pay down student loans, rent and spending the little disposable income they do have on an iPhone.