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Markets are made by both buyers and sellers. Demand is ostensibly driven by consumers, and value created by meeting consumer demands. Are consumers demanding t
by wallace_f 8y ago
Markets are made by both buyers and sellers. Demand is ostensibly driven by consumers, and value created by meeting consumer demands.
Are consumers demanding the above with their money and not just their mouths? I doubt it.
- mcculley 8y agoThat thing that interests me is that it is a clear market failure. 30 year bonds pay a higher interest rate than 5 year bonds. So one would think there is incentive to plan better for a building that lasts for 30 years. But we are changing the climate and other things with effects that will be felt long before 30 years. The U.S. Treasury does not offer bonds beyond 30 years, so presumably the entire system can't plan for a time horizon beyond that.
- dbuder 8y agoNote any more! The t-note recently inverted.