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Yes agreed, I don’t mean to suggest that “high rates bad, high rates fake”. The manipulation makes the economy (seem?) fake either way. With the low rates thoug
by pfannkuchen 3y ago
Yes agreed, I don’t mean to suggest that “high rates bad, high rates fake”. The manipulation makes the economy (seem?) fake either way. With the low rates though IIRC things didn’t happen quite so fast, so the causality wasn’t so blatantly observable.