Yes I was mostly talking about the US. And at local level. Federal govt can do very little if anything to things such as zoning laws and nor they should. The ex

Yes I was mostly talking about the US. And at local level. Federal govt can do very little if anything to things such as zoning laws and nor they should. The example I provided was to do with California and it is much like the same way in many other parts of the country. Neoliberal economists would be any mainstream economist who are still living in their la la land thinking QE is done for greater good of middle and working class and lower interest rate has nothing to do with investor class using their inflated market value of assets to borrow more and buy more assets that in turn also keeps going up. Meanwhile credit card interest rates are still averaging 10%+.