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With the Fed setting interest rates at 0% through 2022[0], all equities will continue to rise in our nothing-fails, free-money, inflationary economy. [0] https
by seibelj 6y ago
With the Fed setting interest rates at 0% through 2022[0], all equities will continue to rise in our nothing-fails, free-money, inflationary economy.
[0] https://www.wsj.com/articles/fed-debates-how-to-set-policy-for-the-post-pandemic-economy-11591781402?mod=hp_lead_pos2&mod=hp_lead_pos1 https://www.wsj.com/articles/fed-debates-how-to-set-policy-f...
- nine_zeros 6y agoSo we are truly going the way of inflating assets as high as possible. What is really stopping leveraged gambling any more? What happens to people still paid in dollars? That 60k a year household income won't be enough to survive
- cko 6y agoIt seems to me that assets are inflationary and consumer products are somewhat deflationary. Most people don't own assets, so even if the Fed gives money directly to consumers (e.g. UBI), that money will be just enough to live on, and trickle up to the asset owning class.
- chrisseaton 6y ago> Most people don't own assets Almost everyone owns a pension.
- deleted 6y ago[deleted]