Central Bank QE skyrocketed asset prices and rents increased dramatically, and higher interest rates need to crash the economy to restore balance. Its all the ebb and flow of monetary policy, which has dramatically misallocated capital via cheap debt.
Central Bank QE skyrocketed asset prices and rents increased dramatically, and higher interest rates need to crash the economy to restore balance. Its all the ebb and flow of monetary policy, which has dramatically misallocated capital via cheap debt.
sir this is a generational circlejerk