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by reese_john
1566 days ago
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I do agree that low interest rates have helped fuel growth, but I'm not convinced that it's played that big of a role. If we look at Europe and Japan, despite the historically low interest rates, they haven't exactly been a beacon of innovation in the last decades. In fact, the US and China have eaten most of their market share. This article on The Economist talks about that: https://www.economist.com/briefing/2021/06/05/once-a-corpora... I think the US has cultural advantages when it comes to innovation and funding, and I don't see this changing anytime soon. |
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You're also saying that just because the US and China have done better than Europe, that means that QE has not had a measurable effect on the job market?
I'm sorry, but it looks to me as if you're strawmanning becasue your reply is barely adjacent to the points I was trying to make.