08-11-2016, 12:07 AM
Basically, interest rates are zero for a saver or a connected borrower, and loan-shark quality for everyone else.
Near-zero interest foster pricing bubbles. Obviously there is much cheap real estate in America's Third World (like much of Appalachia and the Ozarks)... but who would want to live next to a meth lab?
It's more like "Ask what the elites can do to you without consequences" if one is not part of one of the economic elites".
Near-zero interest foster pricing bubbles. Obviously there is much cheap real estate in America's Third World (like much of Appalachia and the Ozarks)... but who would want to live next to a meth lab?
It's more like "Ask what the elites can do to you without consequences" if one is not part of one of the economic elites".
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.