not the way I see it. Cheap money just caused to create a ridiculous amount of billionaires, the fraction of it is invested. One big example is how the chip fa

not the way I see it. Cheap money just caused to create a ridiculous amount of billionaires, the fraction of it is invested. One big example is how the chip fabs in the west wanted govt subsidies instead of financing via the market because money markets in the west doesn't have the stomach for it. Same with the auto industry, Tesla being the exception. Actually this is very similar to the Dutch disease []. Cheap money, like cheap energy, hurts productivity. [] https://en.m.wikipedia.org/wiki/Dutch_disease https://en.m.wikipedia.org/wiki/Dutch_disease