We highlight some of the bubbles (some call it the “Everything Bubble”), caused by the ultra-loose fiscal and monetary policies that have distorted markets since April 2020.
The longer Powell & Company wait to taper and eventually raise interest rates, the more difficult it will be to reel in the price inflation caused by the Fed’s irresponsible monetary policy of perpetual debt monetization / asset purchases and negative real interest rates. Some of the market bubbles highlighted in our table below would make Don Ho blush.
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