Tag Archive: home prices

How Economists Got Income Inequality Wrong

In our manifesto we criticized that central banks created inequality. They pushed asset prices upwards from which only the rich informed investor could take profit. The middle class was left with an over-indebted home. With the upcoming end of this Joseph cycle even the rich are not able to increase their income. 

Read More »

The Wealth Effect: Rising House Prices Sustain Spending



Read More »