Bulls can't stand low rates
John Bull can stand many things, but he can't stand 2%
"People won't take 2% - they won't bear a loss of income"
What This Quote Really Means
What This Quote Really Means
- When rates are low, investors tend to seek out riskier options that offer higher returns
- Investors don't like investing their money in investments with lower returns
- Often what they end up investing in projects that are risky at best or even outright scams/frauds/dreams
- Some argue that this risky behavior eventually causes bubbles and panics