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We paper over the fact that stocks and real estate are predominantly appreciating due to the low interest rate environment. It's the only way to keep the party
by JMTQp8lwXL 6y ago
We paper over the fact that stocks and real estate are predominantly appreciating due to the low interest rate environment. It's the only way to keep the party (and economic growth) going.
I concur. It's rich to me that, for some problems, papering over is a completely legitimate approach to 'solving' the problem, but when the same approach is suggested in a different context, it is immediately dismissed.