Krugman calling for 3% inflation target…
Fed realizing more rate hikes will break things…
Guess what comes next?
Infinite money printer go BRRRRRRR
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Replies (6)
Tick tock tick tock…
I remember first time I started using double entry accounting for my finances and my tutor told me just use equity accounts for your starting balances. At which point I said... this must be what the FED does when they need more funds. Pull from an equity account funds that never really existed in any form.... my guide said.. exactly.
This is why we bitcoin.
Probably ebbs and flows. This has been the money printer not-go-burrrrr period. 

Wouldn’t be shocked when we get to the other side if it looked a lot like 1960s/70s market with 1920s social moods, and 1930/40s economic fundamentals.


Interest Rates and Equity Valuations
a look back at histroy