Re:Why Rent Is So High and Pay So Low
by natrius on Friday August 07, 2015 @05:50PM
(#10025222)
This time is different. The new money enters the system via central bank asset purchases, which lower the returns on those assets. These purchases push investors into asset classes with higher returns, raising the prices of all assets as a result.
[ Parent
| on HN ]
Re:Why Rent Is So High and Pay So Low
by maxerickson on Friday August 07, 2015 @06:45PM
(#10025452)
An additional buyer shouldn't have the effect of lowering the rate of return on an asset.
This ain't any old additional buyer. This buyer prints its own money.
http://www.economist.com/blogs/economist-explains/2015/03/ec...