Re:Our self imposed scarcity of nice places
by RivieraKid on Thursday November 04, 2021 @06:51AM
(#29105497)
Similar prices here in Prague...
I think that the reason is similar to why stocks have appreciated so much - long-term interest rates have dropped as a result of QE.
What central banks usually do is that they buy short-term bonds to affect short-term rates. QE means that they buy long-term bonds to affect long-term rates.
I think that the reason is similar to why stocks have appreciated so much - long-term interest rates have dropped as a result of QE.
What central banks usually do is that they buy short-term bonds to affect short-term rates. QE means that they buy long-term bonds to affect long-term rates.