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I don't believe this to be true, but understand that the systems involved are fairly chaotic so I'm willing to change my mind. The reason that you think these t
by ItsMonkk 5y ago
I don't believe this to be true, but understand that the systems involved are fairly chaotic so I'm willing to change my mind. The reason that you think these things are the drivers of wealth is that they rely on the currency/asset imbalance and then simply leverage on top of it. Fix the underlying issue, the down-stream effects goes away.
I give Japan as an example of a country that just so happens to be balancing their money supply with their increase in assets. Their interest rates are flat and the only return you get on them is based on very real risk that can go the other way. Their stock markets are just about flat and is only recently hitting a new all time high after 30 years. Capital should give returns, yes, but increased productivity should be shared by all, so you should see slight wage increases.