$cvna $w $sfix $realreal $allbirds $warby Basically anything that isn’t enterprise software… and even that did a ponzi w sbc see docu

In real terms, yes

not for me. There are institutions with large holdings where coffee-can like options arent available. Some by regulation, others by constraints of collateral and assets. They are the ones buying -ve interest bonds mainly.

I believe @peterthiel mentioned this. Marxist theory - "Low or 0% interest rates lead us to socialism, because the capitalists then do not know what to do with their money, but to redistributed the capital."

Doesn’t lower interest rates benefit people with large debt, for example, people with mortgages, and takes money from people with large cash holdings, i.e. the rich?

How so? Please explain.

This is very Austrian. Distorting markets through mispricing money causes business cycles.

False. This would only be true if we allowed for real price discovery - the current rates are set by central banks and are therefore not indicative of anything but their agendas

Yeah I get that. What I don't get is why that is apparently making Sam nervous. Inflating a bubble I guess is the concern?

Tech and automation are agnostic (not intrinsically good or bad), so it depends on for what purpose it’s used, how it’s implemented, and what the impact is on people. Wealth inequality is also just a thing, so it also depends on how you view whether it’s a good or bad thing.