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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?