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> have gone up way above inflation for the last 14 years Money has been cheaper during that time - as investors chase after yields assets go up in value: http
by foogazi 4y ago
> have gone up way above inflation for the last 14 years
Money has been cheaper during that time - as investors chase after yields assets go up in value:
https://fred.stlouisfed.org/series/MORTGAGE30US https://fred.stlouisfed.org/series/MORTGAGE30US
If people could extract yield from savings accounts people would leave their money in the bank.
In 2000 you could get 5% annual return from your savings account - but during the last 20 years you would have been better off buying stocks or real estate.
When rates went to zero, capital chased after yield: housing, stocks, NFTs