2 ms·
Asset bubbles are indeed a sign of monetary and fiscal dysfunction, but so are hoarding and excessive wealth accumulation.
by lxgr 2y ago
Asset bubbles are indeed a sign of monetary and fiscal dysfunction, but so are hoarding and excessive wealth accumulation.
- hot_gril 2y agoWe have the combo right now, hoarding in assets. Inflation doesn't make rich people/corps spend more, just invest it differently.