Same story, different fuel. Really could have been avoided.

14 dic 2023

Powell had no choice to print during the pandemic, we cannot fault him for that.

Ignoring the US Debt problem?
Not rising the rates sooner?
Not allowing weak banks to fail?
Not allowing real estate to be crushed?


What is the point of the Interest rate system if you're just going to always pick the light method out that causes a super bubble that will end in chaos.

Here we are at 2023 like 1927 where the rate's are lowered and the folk are happy their "homes" will rise in value to lower interest rates.

Happy their "stocks will increase"

Careful what roller coaster you sign up for because the drops can be brutal.

We learn nothing from history.

28 dic 2023

Nota