nobody on Nostr: Great question. Yes, I remember a lot of people saying rates HAVE to stay at zero and ...
Great question. Yes, I remember a lot of people saying rates HAVE to stay at zero and “QE to infinity”, because “you can’t taper a ponzi”. Yet we sit here today at 5% rates with stocks not too far off all time highs and nothing is really broken…at least not yet. Why?
Published at
2023-08-31 21:32:18Event JSON
{
"id": "374e1278797e99b64c6a3b05327f330ef28f8a2cb1f8ece6ec5a23c0ab4e6568",
"pubkey": "e7eb4e8f9cbf1e5cd26b81f73a95d065f94380e0d85842303d782fc67e59bcc9",
"created_at": 1693517538,
"kind": 1,
"tags": [
[
"e",
"643478be8d0927809a98733f7a5df0399c680d2b7f7e8b8148b8e120cf2d44ac"
],
[
"e",
"db049680d88f775fff036d00941925bfb1710f6898e10ae3e501bd8e64844a00"
],
[
"p",
"85080d3bad70ccdcd7f74c29a44f55bb85cbcd3dd0cbb957da1d215bdb931204"
],
[
"p",
"c48e29f04b482cc01ca1f9ef8c86ef8318c059e0e9353235162f080f26e14c11"
],
[
"p",
"6fda5bce2882176bfbabfab503a1b5281329582d71c4be84bbb567e65c1a791f"
]
],
"content": "Great question. Yes, I remember a lot of people saying rates HAVE to stay at zero and “QE to infinity”, because “you can’t taper a ponzi”. Yet we sit here today at 5% rates with stocks not too far off all time highs and nothing is really broken…at least not yet. Why?",
"sig": "9b43d325cb784c7f7383f035f35311d6eb14a294dbbacd7930e1aa720924e3b05fce3ecd005fbfb80c512099e7a3099bd70b50109fb44faa46dbaf1e3d8bb41c"
}