Codywillard

1. 0% interest rates. After the great Y2K stock market bubble popped in 2001-2005 or so, analysts used to filet former Federal Reserve Chairman, Alan Greenspan, for having caused that bubble with his dovish approach to interest rates. He kept rates artificially under historically normal levels, eventually taking them all the way to an unprecedented 1% level as the calendar flipped to the new millennium. For the last five years, every developed nation on the planet has been keeping rates near 1% or even lower. And with interest rates simply being the reflection of the cost of borrowing money for huge corporations, and with the cost of borrowing money for huge corporations being artificially manipulated below their fair value, there’s been trillions of dollars borrowed to finance share buybacks, dividends, and other financial engineering mechanisms. 2. QE. From wikipedia: “A central bank implements quantitative easing by buying specified amounts of financial assets from commercial banks and other private instit