General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
gerhard7
Economics Help
comments
Comments by "gerhard7" (@gerhard7323) on "How Far will Interest Rates fall in 2025" video.
An old fashioned, largely discredited term but our monetary policy seems to have been forged on the basis of trickle down theory. Trickle down isn't entirely self serving twaddle but it works at its simplest level when a certain group of people ie rentiers aren't exclusively in a position thanks to the largesse of the state to forever buy up assets that others plainly can't afford and they can then charge ever more rent for. The system has been broken. Either by accident or design, the outcome is the same. Monetary policy helped the rich get richer and the poor get poorer.
1