Hacker News Reader

>> "it's tough to find a good home for cash these days thanks to global QE."

Can anyone recommend a good "Explain It Like I'm 5" resource to describe what's happening with qualitative easing and it's microeconomic effects for the individual investor?

View on HN

http://avc.com/2014/03/the-bubble-question/

Fred Wilson explains it pretty well here.

Inventing something new here, shitty ELI5: Hey, someone bought all of the product we have (bonds), and buys all of the product we can think of having. What are we going to do with all this money? Grow more or spend it on a huge party.

Reply on news.ycombinator.com