ambernightcruse

3 ms·

1. 1.▲
   by ambernightcruse 7y ago

   There's no reason to assume that there's real estate asset bubbles, we don't have overlending/unqualified lending. You could argue that there's scarcity in real estate, driven by local governments restricting the su
2. 2.▲
   by ambernightcruse 7y ago

   Commercial banks don't create money, they create loans. And when loans are zeroed out they no longer exist. There's interest that is earned as revenue and eventual profit, but only the Treasury creates money. Money doesn't wo
3. 3.▲
   by ambernightcruse 7y ago

   The first sentence is incorrect, inflation is about too many dollars for the amount of goods available for purchase. You're thinking of deflation, which is the relatively small amount dollars for real goods in the economy.
4. 4.▲
   by ambernightcruse 7y ago

   There's no mention about QE because QE is only about lowering the cost for the private sector to borrow money. The main threat to QE is inflation, which is hovering around 2% and stubbornly low, so QE is in the clear. The repo purchase
5. 5.▲
   by ambernightcruse 7y ago

   This is a pretty general assertion on the rising cost of college, and in the US it's commonly understood that there are a lot of extra admins, but not a lot of extra professors for students; mostly adjunct faculty and never-tenured ins
6. 6.▲
   by ambernightcruse 7y ago

   Part of the problem is that Medicare/Medicaid pays market prices. Its a pricetaker not a pricesetter, because of poor regulation, in spite of its larger position. If you pay market prices, expect inflation every year on top.