"Uber is an example of what happens when central banks attempt to ‘stimulate’ the economy through misguided central planning. By forcing down market prices and essentially moving spending from the future into the present, they’re hoping to stimulate investment in general. But what they forget (or more likely, choose to ignore) is that these ‘investments’ are likely just bad investments."
I agree with the general dynamic there, but the connection to Uber specifically is tenuous. Risk free interest rates of 0.1 vs 0.5% don't lead VCs to be more or less aggressive with creating and capturing new markets.
Such a great quote