The cost to rent (borrow) money is virtually zero. Think about that for a minute.
The cost to rent an item, like a house or a car is directly related to the value of that item. If the market cost to rent a house was zero, what would the value of the underlying real estate be?
So, what is the underlying value of money that can be rented for practically nothing? How long can this relationship continue and what will be the ramifacations when the true value of fiat currency is recognized?
“How long can this relationship continue and what will be the ramifacations when the true value of fiat currency is recognized?”
Only one thing is certain: A Republican POTUS or Congress will be in office when it hits the fan and will dealt the major body blows.
Dems have set them up, with assist from W.