After now, a decade and a handful of years of reckless financial policies have brought about nominal price bubbles at still dangerous levels in various major asset classes.
And after the fiat Federal Reserve’s leaders kicked off a secular price inflationary regime policy in August 2019.
They want you, me, and other financial market participants to somehow believe they can manage a soft landing of their fiat financialized asset bubble economy with a mere orderly decline in said bubbles.
We begin this week with a linear chart of the US stock market's S&P500 index over the past 100 years. Fiat financialization kicked off in the 1980s. But it was not until after the 2008 global financial crisis got papered over with more than $100 trillion in international debt levels that imaginary nominal paper wealth numbers in the US stock market blew through the roof.
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