a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by mk
mk  ·  904 days ago  ·  link  ·    ·  parent  ·  post: Meanwhile in economic news...

My gut tells me that this is inevitable business stuff happening at a later date than it would have otherwise were debt not so cheap. I don’t know how long interest rates will stay low, or how much lower they can go; however my gut also tells me that the business landscape has an artificial quality that will dissolve as rates climb.

kleinbl00  ·  904 days ago  ·  link  ·  

I'll bet the government is buying equities within 18 months.

And we'll all have to watch otherwise intelligent people convincing us that this is market capitalism as Friedman intended.