2min chapter

Odd Lots cover image

Benn Eifert On The Mania That Was Even Bigger Than Meme Stocks

Odd Lots

CHAPTER

What Is the Role of Low Interest Rates and Quantitative Easing?

I think there are a lot of different contributing factors, i think. We had low interest raits in the us. For a long time. Previous manias weren't necessarily associated with low interest ratesi one way t about it is like with text stocks going up a hundred % a year and crypto tokens paying 20% yield. It just doesn't matter if you are in the frame of mindt like you want to do those kind of assments rank. The idea that folks would have just bought a bunch of treasuries if treauries paid six or seven%. That's ridiculous. And they would all tell you that, right?

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