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If crypto is purchased via debt then whomever lent the money are morons and need to lose their shirts. But yes there is a problem that there is a lack of safe
by tomjen3 5y ago
If crypto is purchased via debt then whomever lent the money are morons and need to lose their shirts.
But yes there is a problem that there is a lack of safe investments that pay a little above inflation. Bonds used to do that, but they don't anymore, because there are too few people who need money and too many who have it (ironically the price of money has cratered).
I suspect that this is linked to our inability to build things anymore. With interest rates in the toilet the various government should have borrowed way more money so that they could invest them in bridges, road maintenance and so forth.