4 ms·
Given the effectiveness of QE and ZIRP creating 10%-20% annual asset inflation for the past decade while most wages are flat? I'd have to bet on the central ban
by notadoc 9y ago
Given the effectiveness of QE and ZIRP creating 10%-20% annual asset inflation for the past decade while most wages are flat? I'd have to bet on the central banks, not that I agree with the policy.
- toomuchtodo 9y agoBut are younger generations jumping onto the treadmill to acquire these assets at overinflated prices? That's the question. Housing and equities might continue to go up in price, most everything else will decline (especially energy and transportation). Wouldn't that mean you could live well off of little if you opted out of high cost of living areas?