Yeah, the government also artificially suppresses interest rates, making it easier to get mortgages yet somehow the blame goes to the lenders.
I find this statement quite tone-deaf. It’s hard to blame people for wanting a roof over their heads.
If you start giving mortgages with artificially low interest rates, people who haven't produced things to offset their consumption will get houses, which will increase the prices.
Of course a lot of other factors play roles into this.
> It’s hard to blame people for wanting a roof over their heads.
I, in turn, find your statement quite naive, it would be great if everyone had a house, that doesn't mean we should just give it them, there are consequences, the prices will rise.
Honestly, after I learned about neoliberalism I came to peace with the world because I know everyone deserves their suffering and there is no injustice. All those republican voters are voting for their own doom. It's fantastic. I no longer need to feel bad about their suffering because there is no contradiction, no conspiracy theory, no trick, no evil cartoon villain behind the scenes.
I also find your comment on republicans quite wrong, since I don't see many differences between republicans vs democrats.
Both have been running ever increasing deficits, each president tops all previous presidents combined.
You can't really say any of the US policies have liberal.
How can you say rates would be higher absent the FED buying it?
Rates aren't negative nominally, but they are negative taking inflation into account.