The Long-Term Effects of Negative Real Interest Rates

Two things happened recently:
1. Jeff Bezos became the second-richest person in the world, passing Warren Buffett. He’s
worth about $76 billion.
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2. Tesla’s market cap surpassed that of Ford. For what it’s worth, Ford sells a lot more
cars than Tesla. Here’s a picture of Elon Musk (who was seen taunting the shorts on
Twitter the other day).

This post was published at Mauldin Economics on APRIL 6, 2017.