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I don't understand how this is a wealth inequality issue, excess capital should cause bond prices to go down not up, as more wealthy are competing for more inve
by rileymat2 18d ago
I don't understand how this is a wealth inequality issue, excess capital should cause bond prices to go down not up, as more wealthy are competing for more investments driving bond yields down.
- haizhung 17d agoReturn of your capital is not important than return on your capital; and if you as a bond buyer are worried that the government can’t pay back your loan at all, you will increase the interest rate on it.