Stuff like bitcoin continuing to go up is a good indicator that there's still too much money in the system.
It's insane just how much extra money is sloshing around, but this is what happens when you keep money printer going brrrr for 20 years...
It's insane just how much extra money is sloshing around, but this is what happens when you keep money printer going brrrr for 20 years...
Thing is that even the stock market is doing way better than it has any business doing considering market fundamentals. There's a lot of stuff that's doing insanely well and it shouldn't be, and I see that as a symptom of too much money.
That being said, the sad thing is that the common man is the one who suffers while liquidity gets sucked out of the system. Especially since when the rich fail (like SVB) the government steps in to bail them out but there's no bailout for Joe the electrician.
That being said, the sad thing is that the common man is the one who suffers while liquidity gets sucked out of the system. Especially since when the rich fail (like SVB) the government steps in to bail them out but there's no bailout for Joe the electrician.
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