You know what causes a market collapse? High interest rates on an already low market. What part of that graph suggests inflation from high demand and low supply? They’re already selling homes at half the rate of a decade ago and you think the problem is interest rates? Absolutely fucking retarded.
False, market collapses are great for people with large amounts of capital who sold assets before the collapse and buy heavily because they can sit out the stabilization to sell at a premium.
And they're also good for people who don't own very much. You'll never convince me higher interest ratees aren't a good thing. What you could convince me of is ending the fed and letting the market set interest rates.
You know what reduces inflation? Higher interest rates.
You know what causes a market collapse? High interest rates on an already low market. What part of that graph suggests inflation from high demand and low supply? They’re already selling homes at half the rate of a decade ago and you think the problem is interest rates? Absolutely fucking retarded.
Market collapses are a great thing for people who don't own anything.
False, market collapses are great for people with large amounts of capital who sold assets before the collapse and buy heavily because they can sit out the stabilization to sell at a premium.
And they're also good for people who don't own very much. You'll never convince me higher interest ratees aren't a good thing. What you could convince me of is ending the fed and letting the market set interest rates.