@ChrisSpoke @pmarca Yeah, I think you're right.
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Replying to @paulbaumgart
@ChrisSpoke@pmarca Too bad, I got all excited at the prospect of evidence that QE is irrelevant and valuations are fundamentally sound.1 reply 0 retweets 2 likes -
Replying to @paulbaumgart
@ChrisSpoke@pmarca The only other argument I know is tech-driven deflation, which is real but probably isn't impacting spending much yet.1 reply 0 retweets 2 likes
@ChrisSpoke @pmarca So, basically, we've got to ZIRP ourselves silly until energy innovations re-start the economic growth.
8:15 PM - 4 Nov 2014
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