All debt-fueled speculative bubbles pop, even as cheerleaders claim otherwise.
There is a downside to steel reinforcing bars: they rust.
I happened to be in a Big Box Emporium, buying two bags of whole wheat flour, when a strange revelation struck me: almost nothing in this giant emporium was made in the USA.
The Fed’s “choice” is as illusory as the “wealth” the Fed has created with its perfection of moral hazard.
The unraveling of America’s social order is accelerating, and denial will not save us from the consequences of the plundering of the social contract.
Risk has not been extinguished, it is expanding geometrically beneath the false stability of a monstrously manipulated market.
What if everyone in the market realizes it’s now the moment to front-run the crash?
The only dynamic that’s even faintly “capitalist” about America’s Crony-Socialism is the price of political corruption is still a “market.”
Is inflation “transitory” in your household budget? Really? Where?
Nobody seems to notice the ‘diminishing returns’ on Fed manipulation, oops, I mean ‘intervention’.