@AnnPettifor a ratio of stock and flow is also misleading
Disturbing graph! The ratio of asset prices v #GDP is at a pretty extreme level. https://twitter.com/WorthWray/status/780224312053608448/photo/1pic.twitter.com/igHwneXTQ0
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most valuation ratios are stock/flow comparisons.
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@ProfSteveKeen this whole era will not end quickly when it doesThanks. Twitter will use this to make your timeline better. UndoUndo
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@elinalepomaki Last week: The Economist | The global economy: The low-rate worldhttp://www.economist.com/news/leaders/21707533-central-banks-have-been-doing-their-best-pep-up-demand-now-they-need-help-low-rate-world?frsc=dg%7Ca …Thanks. Twitter will use this to make your timeline better. UndoUndo
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can you please share the link to the chart ! This is a Halloween chart
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Nothing disturbing. Just a function of low interest rates, low taxes, and low risk premiums.
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what would it look like if graph started at 1962?
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yeah diff here is central banks control the levers / monetary policy
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@jtepper2 hmmm...all the way back to '92! Can we see another version dating back to '62? Thanks in advance..
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