"Low interest rates: The ultra-low interest rates seen in recent years are the product of the authorities’ attempt to prop up capitalism when it has over reached rather than allowing creative destruction."
Post by twetch#24077
"As such we artificially, and inadvertently, propped up the value of assets that the older generation are much more likely to own. Free markets would likely have now seen higher interest rates, less debt and lower asset prices."
What the chain says
- Block
- 661 428
- Time
- 2020-11-15T20:03:21Z
- Signer
- 1H5YvcnL3im6SNSPqynoMbDvxvRJggBnwo
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#24077
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1H5YvcnL3im6SNSPqynoMbDvxvRJggBnwo Verified