5 ms·
What else do you expect when you hold rates at 0 for the better part of a decade.
by thedudeabides5 4y ago
What else do you expect when you hold rates at 0 for the better part of a decade.
- jjtheblunt 4y agohow did the low rates create virtual ponzi schemes?
- jandrese 4y agoExcessively concentrated wealth with investors who then ran out of legitimate products that could offer decent returns and forced them into riskier and "more complex" assets? I don't know if this really works, but it does seem like overcapitalization is causing a lot of knock on effects in the economy. Housing prices being a prime example.
- DoingIsLearning 4y agoSo could QE and this money flooding from central banks become the new trigger for a 2008 repeat?
- fundad 4y agoAnd then cut taxes