# WeWork IPO and Quantitative Easing

By [Albert's Import](https://paragraph.com/@albertsimport) · 2019-08-23

wework, ipo, capital, inflation, quantitative easing

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There are many terrific analyses of the WeWork IPO filing out there. One thing I have not read is someone pointing out how there is a possibility that this all works, despite the hokum language and the eye popping capital requirements, simply because [we have created $3 trillion more dollars in the US alone](https://continuations.com/post/184734669365/uncertainty-wednesday-valuations-and-inflation) (with equally massive central bank money creation in Europe and in China). On my blog I have been complaining about valuations as far back as I can remember but when interest rates approach zero funny things happen and when they go negative, [as they now have for $13 trillion of debt](https://www.bloomberg.com/news/articles/2019-06-21/the-world-now-has-13-trillion-of-debt-with-below-zero-yields), then anything is possible. The meaning of a discounted NPV gets completely blown up in such a world and it is entirely possible that WeWork can finance itself. I am still struggling with figuring out how to be an investor among this glut of capital.

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*Originally published on [Albert's Import](https://paragraph.com/@albertsimport/wework-ipo-and-quantitative-easing)*