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Answer: Our governments printed a shit-ton of money.
by sunsu 7y ago
Answer: Our governments printed a shit-ton of money.
- tonyedgecombe 7y agoOr very low interest rates?
- dboreham 7y agoSame thing, no?
- brenden2 7y agoAlso, debt.
- nerfhammer 7y agothen we should expect similar inflation for prices of all types of things, but that's not what we're seeing.
- rurp 7y agoStocks, startup valuations, and crypto coins all fit the same trend as housing prices. Which investment vehicles in the US haven't skyrocketed in value the past 10 years?
- chii 7y agogoods inflation hasn't happened because these printed monies are not given to the average (or poor) person, but to financial institutions and large investment banks (in the form of low rates). The inflation of asset prices has indeed increased - and if the Feds continue down this course, the high prices for all assets will be the new norm.