This Ray Dalio thing is above my financial literacy level, but it tracks with my anecdata. I hear people complaining about struggling to make rent, and people struggling to find a place to put hundreds of millions.https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/?fbclid=IwAR0kRor9Dt94pHKZxjvy9Ze_Kaki1nE8Bwytdj9Kd5_6EIwLln81EvlmuWk …
-
-
I don’t think you can tell the full story w/o considering the safe asset shortage. Unconventional monetary policy supports market for Treasuries (safe assets) which is also supports government deficits spending. Big question is how much work fiscal stimulus should be doing now
-
Sorry, can you explain a bit? How does monetary policy produce a shortage of safe assets?
- 2 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.