Re:BadEconomics: Putting $400M of Bitcoin on your company ba...
by Supermancho on Monday January 04, 2021 @07:36PM
(#25640400)
> Food prices definitely haven't doubled in the last 10 years.
Not all foods. Again, food has a number of factors that's countering the inflationary forces.
> The price of assets can vary quite wildly based on the interest rates
That's irrelevant to the spike in value that has occurred while the rate has sat at 0. The inflation of the prices of stocks and property assets are evident and the realization of no other way to invest wealth - bond returns are less than 1% now, which is why they are basically useless.
Not all foods. Again, food has a number of factors that's countering the inflationary forces.
> The price of assets can vary quite wildly based on the interest rates
That's irrelevant to the spike in value that has occurred while the rate has sat at 0. The inflation of the prices of stocks and property assets are evident and the realization of no other way to invest wealth - bond returns are less than 1% now, which is why they are basically useless.