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It didn't really fix Americans' fundamentally dysfunctional relationship with housing. Now we live in an economy with asset inflation, and everyone's going "ho
by kiba 5y ago
It didn't really fix Americans' fundamentally dysfunctional relationship with housing.
Now we live in an economy with asset inflation, and everyone's going "housing market is robust" as if that's a good thing.
Sure, it doesn't 'hurt', but we're leaving huge amount of money on the table.
- tootie 5y ago90% of the reason for that is fiscal policy, not monetary. Neither the Fed nor Satoshi can make houses get built faster.