3 ms·
Economists do talk about asset inflation [1]. The Fed and the media not so much. The price of housing is very much a symptom of asset inflation and this is plau
by joe_the_user 5y ago
Economists do talk about asset inflation [1]. The Fed and the media not so much. The price of housing is very much a symptom of asset inflation and this is plausibly the result of the Fed continually injecting money into and/or "backstopping" various capital markets.
[1] https://en.wikipedia.org/wiki/Asset_price_inflation https://en.wikipedia.org/wiki/Asset_price_inflation
- Dylan16807 5y agoAssets matter, but are any other physical assets going up the same way?