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Given the remarkably low interest rates, investors looking for yield may buy into Uber.
In particular, they say, never mind the current ability of the U.S. government to borrow long term at remarkably low interest rates — any day now, budget deficits will lead to a collapse in investor confidence, and rates will soar.
So do the remarkably low interest rates on government debt; the U.S. wouldn't be able to borrow money for ten years at less than four per cent if people thought that double-digit inflation was in the offing.
The remarkably low interest rates of recent years, which fell to a level not seen since the late 1950's, reflected Mr. Greenspan's determination to ward off the shocks to the economy caused by recession, terrorist attacks and the war in Iraq.
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And remarkably low long-term interest rates imply that markets expect several more years of sluggish economic activity, so even projects that take a little longer would still be timely.
Part of it reflects the remarkably low level of interest rates during this time.
But now that prices have fallen sharply and interest rates are remarkably low, many other young adults are locked out of the market because credit standards are tougher.
Assets may have risen, but so have liabilities, thanks to low interest rates.*The remarkably-productive folks at the Centre for Retirement Research in Boston have rerun the numbers for state and local pension schemes.
For the past three years, inflation and interest rates have been remarkably low and stable.
What's more, it did so without any of the negative effects that deficit spending can entail: interest rates remain at remarkably low levels, and government borrowing didn't crowd out private investment.
One of the endearing rationalizations for continuing to buy real estate in a market with a bottomless bottom is that interest rates have been remarkably low for a very long time.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com