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View Diary: The Gas Price Mechanism that makes their Free Market go round (19 comments)

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  •  That's because interest rates are too low (0+ / 0-)

    -- everybody is chasing yield

    •  too much money without any real (0+ / 0-)

      work to do chasing yield.

      •  Oh, pfui. There are lots of good things money (0+ / 0-)

        can do, and many legitimate reasons to cheer ways in which money invested can bring returns to persons and companies. For example, elderly people who depend on returns of conservatively invested assets to help with retirement expenses, pension funds that need good return on investments to provide future retirement payments, insurance companies that need good return to keep premiums as low as possible.

        •  I don't disagree with (1+ / 0-)
          Recommended by:

          a new for a return,  and that for people with limited assets and fixed incomes, return makes life liveable.

          But that is not the super wealth I am talking about,  it is in the aggregate huge, but it used to find decent returns investing in a number of things.   The returns helping corporations sitting on tons of cash, because the real economy has been robbed so they know no one is buying, the money in the hands of a few hundred families who control massive amounts of wealth, that drives the casino.

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