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RE: "I will take the risk vs. reward all day long."
I actually watched this debate and I got the impression that Shiller tried to remain somewhat balanced in his bubble claims.
I actually watched this debate and I got the impression that Shiller tried to remain somewhat balanced in his bubble claims.
Yes, it almost seemed like he didn't fully understand the technology and all the possible implications, but instead was commenting more on price action. IE, it had run up too far too fast and was likely to pull back "soon".
Most of these old-school academics really don't understand the new generations and their values. I would invest in bitcoin just purely out of the disgust that the millennial have gathered for central banking, corrupt politicians and Wall St.