I think he's right it's just a matter of time now we are at the edge of the cliff. We should take his advice seriously.
I stumbled upon this while looking into AAPL buybacks feeling that the stock was undervalued. He shares the same feeling. He is already heavily invested in the stock and would buy more if not for the fears that the market is not on stable ground.
The economist Hayek is strongly opposed to artificially low interest rates . They defeat the market prices for money . And they result in imbalanced lending rates . The theory is that these perpetually low interests rates bring about events like the 2008 mkt crash [and possible repetitions as well ] . Keynesians are not interested by design .
I think he's right it's just a matter of time now we are at the edge of the cliff. We should take his advice seriously.
I stumbled upon this while looking into AAPL buybacks feeling that the stock was undervalued. He shares the same feeling. He is already heavily invested in the stock and would buy more if not for the fears that the market is not on stable ground.
The economist Hayek is strongly opposed to artificially low interest rates . They defeat the market prices for money . And they result in imbalanced lending rates . The theory is that these perpetually low interests rates bring about events like the 2008 mkt crash [and possible repetitions as well ] . Keynesians are not interested by design .
Yes I know I visit the Mises Institute website about once a week.