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Better to call this “asset inflation”, not to be confused with good old fashioned consumer inflation. Given that we’re talking about high-risk, high-return inv
by jahewson 8y ago
Better to call this “asset inflation”, not to be confused with good old fashioned consumer inflation.
Given that we’re talking about high-risk, high-return investments of foreign money I don’t see why asset inflation is a particularly important factor - such investments will always be appealing. This money is being used to create good jobs and expand the real economy.
Inflation of existing assets, not startups, is far more problematic for QE, e.g. housing, stock market, where there’s no value being created.