You only need to go back as far as the 2000s to see interest rates of 6+ percent... | Hacker News

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		pembrook on Feb 12, 2021 \| parent \| context \| favorite \| on: America's 1% Has Taken $50T From the Bottom 90% You only need to go back as far as the 2000s to see interest rates of 6+ percent. I'm not sure anyone would consider that "easy monetary policy." Also, you do know that inflation and boom-and-bust cycles still happened while we were on the gold standard right?

natenthe on Feb 12, 2021 [–]

Business cycles and asset inflation are different. Business cycles are natural to capital markets, asset inflation is caused by massive artificial injections of money (a la quantitative easing).

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