Also to prop up house/property prices in general and pension funds which is a bit wider of a group but generally still the people on the upper end of the wealth rank.
Stupid thing really is when you have an asset bubble it does crowd out other investment.
It needs to burst for the good of the economy.
The QE and such stopped the opportunity for investors to learn that they should inves government to force investors to invest in productive capacity rather than asset bubbles.
Such a portable toilet might be great for shit posting whilst waiting for the train.
Unfortunately someone needs to photoshop a bit of the background platform colour in there
https://www.youtube.com/watch?v=YNfBF2xvhaE&list=PLD19BCF9D57320E03&index=4&pp=iAQB
I’m not so sure about that. A lot of people seem to get very angry about things that I don’t think matters, or they can’t do anything about . . . oh hang on, I get it. You’re talking about me aren’t you?
Damn, am I really going to have to start going to bank regularly, getting cash from the cashier, and boycotting card-only places.
Meh, I guess I’ve nowt better to with my time.
well it was novel enough to ignore any lessons from the 1920s and 1930s. The animal spirits aren’t novel, they’ve been there for centuries.
If anything the only novelty was a brief period when the animals were slightly controlled.
Unfortunately for some parts of ‘the west’’ they started to persistently elect animal spirits into to government. fml.
ed: spe;lng