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Re:Low interest rates in advanced countries have pushed mone... by missedthecue on Wednesday November 24, 2021 @05:52PM (#29336130)
Money doesn't disappear when you buy real estate. It goes to the person that sold you the real estate, and they can choose where to put that resulting capital.
Re:Low interest rates in advanced countries have pushed mone... by gowld on Wednesday November 24, 2021 @06:01PM (#29336216)
Money isn't capital. Money represents capital. When they try to spend that windall money, in aggregate, it will cause inflation, and the money will be proven to represent less capital than previously assumed. The seller will thrive, but non-sellers will suffer higher prices.
Re:Low interest rates in advanced countries have pushed mone... by missedthecue on Wednesday November 24, 2021 @06:05PM (#29336257)
My point is that one industry isn't starved because an allocator buys assets in a given asset class such as real estate. The money doesn't disappear, it keeps moving.
Re:Low interest rates in advanced countries have pushed mone... by micromacrofoot on Wednesday November 24, 2021 @10:41PM (#29338023)
you mean to tell me this is some kind of economy?
Re:Low interest rates in advanced countries have pushed mone... by missedthecue on Thursday November 25, 2021 @01:02PM (#29343449)
Income = expenditure is one of the most intuitive but least grasped concepts of introductory economics. It's interesting to me that this is the case.