General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Jamiel De Abrew
Yahoo Finance
comments
Comments by "Jamiel De Abrew" (@JamielDeAbrew) on "Ray Dalio on while nations fail, inflation, and the Fed" video.
Keep in mind that the combination of 9.6% inflation and low interest rates may help some people. How? If inflation is at 9.6% then most won’t choose to store their wealth in cash because cashing is losing value at 9.6%. This wealth won’t be stored in high interest bank accounts because the interest rate is so low. So this wealth is stored elsewhere. First it’s the obvious choices of real estate and the stock market. But as people feel these places are overvalued, the wealth gets stored elsewhere. Investors become more comfortable in taking higher risks investing in new businesses for potentially higher rewards. This investment should lead to a tigger labour market, which should lead to higher paying jobs.
1