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Can you elaborate on this? ZIRP encourages people to seek riskier investments, which presumably means to spur growth. Low risk financial arrangements are exactl
by ivalm 6y ago
Can you elaborate on this? ZIRP encourages people to seek riskier investments, which presumably means to spur growth. Low risk financial arrangements are exactly what suffers.
- nicbou 6y agoBased on my limited observation as a layman, it seems to encourage reckless investments in ideas that seemingly don't work. How many more 100 million quid bike rental schemes does the world need?
- ivalm 6y agoBut that’s not people going to “financial arrangements.” ZIRP does encourage over reckless investment in ventures with low chance of working out, I am just saying it’s different.