Macro Trends · In The bubble without any fizz, The Economist addresses the fact that financial-asset prices (stocks, bonds, and the like) keep drifting up and up in a world where inflation doesn’t; are we in a mega-bubble? What’s really going on? Looks obvious to me, but then I’m a left-winger. I think it’s all a straightforward consequence of economic efficiency and class warfare ... [3 comments]
