100% this. Quantitative easing basically caused epic asset inflation- great for the capital owning class, but royally fucking over the poors and young workers.

100% this. Quantitative easing basically caused epic asset inflation- great for the capital owning class, but royally fucking over the poors and young workers. In Seattle back in the day a teacher could own a house in the city and pay it off without a sweat. Nowadays, unless you are a doctor or software engineer or patent lawyer it's kind of ludicrous idea.