And it's important to note that one of the "other guys" is plain cash. Interest rates are near 0, in many places they are negative, so I think it's a fair bet to think "In 10 years it will make more sense to own a sizable investment in the productive capacity of the US, vs dollars which the fed has been printing like crazy."
Value of cash is determined by inflation, not by interest rates. Since the fed prints money to hit inflation targets, this reasoning doesn't really make sense.
Yes, but focusing on the interest rates is reasoning from a price change. Interest rates are going down due to central bank action to combat deflationary pressure, so you can’t just look at interest rates in a vacuum and say that the rate of return is going down.
Otherwise why has the value of the dollar increased since early March?
Also, you realize that when the fed “sets rates” it’s not literally the rate of interest in your bank account, right?
