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That does sound more apples to apples. But without looking anything up, it seems like this time we’ve built up a bigger free-money cliff to fall off of
by adnmcq999 4y ago
That does sound more apples to apples. But without looking anything up, it seems like this time we’ve built up a bigger free-money cliff to fall off of
- Clubber 4y ago>But without looking anything up, it seems like this time we’ve built up a bigger free-money cliff to fall off of I agree. This is a good video on it from Frontline. https://www.youtube.com/watch?v=EpMLAQbSYAw https://www.youtube.com/watch?v=EpMLAQbSYAw They argue the free money has been going on since 2008, but I would argue it's been going on since 2001. Lowering interest rates is what the Fed did to combat the dot bomb. https://www.macrotrends.net/2015/fed-funds-rate-historical-chart https://www.macrotrends.net/2015/fed-funds-rate-historical-c...