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> As a thought experiment, assume that the abundance model is here to stay this is a dangerous assumption. The feds are poised to raise interest rates this yea
by f430 6y ago
> As a thought experiment, assume that the abundance model is here to stay
this is a dangerous assumption. The feds are poised to raise interest rates this year and it will have ripple effects, in particular the abundance period of capital is slowly being reigned in to avoid a loss of faith in the dollar and slow down inflation.
- mdorazio 6y ago> and slow down inflation What inflation? CPI has been absurdly flat for years, despite all the QE and pandemic relief funds. Inflation is only showing up in property and securities.
- f430 6y agoI can't believe you actually think CPI is flat when the cost of goods are rising across the board. I guess this is why its so easy to control the markets. People don't even practice critical thinking and check for real world data. Whatever we are told is what we hold!
- colinmhayes 6y agoCPI is objectively flat, you can look it up on the bls site. You might think CPI isn't well correlated to price inflation, but you'd be wrong there too.
- AngrySkillzz 6y agoYeah, people on HN are kind of cranks about this sort of thing
- imtringued 6y agoIt's not HN, it's everywhere. The housing as an investment mantra doesn't help. Yes, house prices are going up but for all we know it's a bubble right now. If CPI inflation does pick up in the future it may turn out to be correct. It would be helpful if people actually did the right thing and built more housing, though.
- medicineman 6y agoYou can't eat a television.
- ajsharp 6y agoNot sure where you're getting this, but the Fed has already signalled ZIRP through 2023, and there is little to no inflation showing up in headline measures. Medium to long term rates will likely rise this year, but historically cheap capital is likely here for a few years at least.