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by kipchak
1685 days ago
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For sure, some people will benefit from such policies and some people wont. My figuring is that those in the parent comment's category of "middle class and saving for a home" are probably not in the camp of those benefiting from current policies (holding cash). Those policies are, what I can tell, keeping valuations high instead of raising rates, and providing an incentive not to hold cash and instead purchase and invest. Whether that's fair vs protecting those who already have homes and other assets is I suppose a different question. I agree things have remained fairly stable so far as the result of printing but I suspect we likely haven't felt it's effects yet and the stabilization will continue well into the next year, though the future is always fickle to predict. |
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