Re:Uber's billion-dollar losses expose the fragile state of ...
by hx87 on Friday September 16, 2016 @06:09PM
(#12517735)
It also makes non-stupid investments cheaper, so all else being equal cheap money shouldn't increase the proportion of stupid investments.
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Re:Uber's billion-dollar losses expose the fragile state of ...
by hughw on Friday September 16, 2016 @09:19PM
(#12518588)
But it makes ordinary safe investments like bonds return unappetizing, even negative rates. So you can't put your billions in bonds. You look for high yield on something like Uber.
Re:Uber's billion-dollar losses expose the fragile state of ...
by rhizome on Saturday September 17, 2016 @03:09PM
(#12521909)
so all else being equal cheap money shouldn't increase the proportion of stupid investments
All else isn't equal because it's not a free market. You can't just say "Oh, Uber looks good, I think I'll invest in them." It's not even rivalrous, it's simply private.
So, cheap investor money has to find an outlet some other way.