top | item 21805066 (no title) Excel_Wizard | 6 years ago a savings glut is the thing that Krugman has suggested, and is the thing which makes sense to me.Which stinks because I hate Krugman. discuss order hn newest nathan_compton|6 years ago Can you elaborate? Intuitively, no one I know has a "savings glut." If anything, people in my generation are saddled with debt. nopriorarrests|6 years ago Someone being in debt means that someone has an obligation on said debt, so "savings glut" means "debt glut",tautologically. Excel_Wizard|6 years ago There is more money saved up than there are good productive investments available for it, in comparison to the past.This correlates with a few things: - Inflation of the value of investment assets (high P/E ratios) - Low interest rates on bonds - Secular stagnation load replies (1) Mikeb85|6 years ago The rich, banks and corporations have too much cash on hand and not enough to invest in.
nathan_compton|6 years ago Can you elaborate? Intuitively, no one I know has a "savings glut." If anything, people in my generation are saddled with debt. nopriorarrests|6 years ago Someone being in debt means that someone has an obligation on said debt, so "savings glut" means "debt glut",tautologically. Excel_Wizard|6 years ago There is more money saved up than there are good productive investments available for it, in comparison to the past.This correlates with a few things: - Inflation of the value of investment assets (high P/E ratios) - Low interest rates on bonds - Secular stagnation load replies (1) Mikeb85|6 years ago The rich, banks and corporations have too much cash on hand and not enough to invest in.
nopriorarrests|6 years ago Someone being in debt means that someone has an obligation on said debt, so "savings glut" means "debt glut",tautologically.
Excel_Wizard|6 years ago There is more money saved up than there are good productive investments available for it, in comparison to the past.This correlates with a few things: - Inflation of the value of investment assets (high P/E ratios) - Low interest rates on bonds - Secular stagnation load replies (1)
Mikeb85|6 years ago The rich, banks and corporations have too much cash on hand and not enough to invest in.
nathan_compton|6 years ago
nopriorarrests|6 years ago
Excel_Wizard|6 years ago
This correlates with a few things: - Inflation of the value of investment assets (high P/E ratios) - Low interest rates on bonds - Secular stagnation
Mikeb85|6 years ago