Quote:
Originally Posted by Mark17
We have had artificially low interest rates since then. Money can't sit without earning interest, so it goes into other assets like real estate or the stock market (or high-end cards.)
I've been noticing nice 1960s flannel jerseys that are all original are getting very strong prices lately.
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I know the economics behind it. But it still shouldn't be as simple as "interest rates are zero, so I always have a big advantage in the stock market". Someone with the most basic understanding of finance could have seen that for the last dozen years now and made a fortune, and obviously nothing should be that easy.
At least not usually. That was my point though; this is a rare time that it
has been.