Re:Investors bought a record share of U.S. homes in 2021
by wolverine876 on Thursday February 17, 2022 @01:41PM
(#30376897)
Do you have some evidence to support that causal relationship? Wealth inequality has been growing since long before current monetary policy in ~2008/2009. And I don't know that low interest rates generally create inequality - everyone borrows, not just wealthy people.
> People dont understand, when you make the interest rate on money so low, people can borrow billions and throw it into new assets, running the cost up on those assets.
People understand that very well: it's the fundamental reason for lowering interest rates, to encourage economic activity. Sometimes you need more economic activity, sometimes you need less.
> People dont understand, when you make the interest rate on money so low, people can borrow billions and throw it into new assets, running the cost up on those assets.
People understand that very well: it's the fundamental reason for lowering interest rates, to encourage economic activity. Sometimes you need more economic activity, sometimes you need less.