4 ms·
I would argue an asset bubble is quite a real harm, especially to future generations that are getting into the market at the current inflated valuation levels.
by b9a2cab5 5y ago
I would argue an asset bubble is quite a real harm, especially to future generations that are getting into the market at the current inflated valuation levels. But to each their own.
- ivalm 5y agoAsset prices as they impact real people are reflected in CPI, which shows low inflation. The fact that cash flow instruments are higher priced (and that’s largely because of low interest rather than QE) is kind of orthogonal to most people’s lives.