4 ms·
This is 100% correct and caused by artificially keeping interest rates low. If the price of money was allowed to find it’s natural equilibrium, these distortion
by chrischattin 5y ago
This is 100% correct and caused by artificially keeping interest rates low. If the price of money was allowed to find it’s natural equilibrium, these distortions wouldn’t be present. It’s anti-capitalist, market intervention by the fed that’s causing inflated asset prices everywhere. Unfortunately, it ends up most hurting the most venerable in society.