3 ms·
Mostly agree, though tech has been one of the bigger recipients of all that money sloshing around. Another being housing (again) which is a big part of why hous
by UncleOxidant 7y ago
Mostly agree, though tech has been one of the bigger recipients of all that money sloshing around. Another being housing (again) which is a big part of why housing is so expensive now.
At this point in the recovery cycle and with a strong economy (which we supposedly have) the fed rate should be closer to 4-4.5% - we shouldn't be talking about lowering rates. But both ends of the political spectrum seem to be pushing for 0% - the progressives with MMT and of course Trump keeps bullying the Fed to lower (not only because he thinks it'll help his re-election prospects, but because he's a real estate guy and would benefit greatly from 0% rates).