Please attach your seatbelts ^^
In few minutes the world will not be the same^^
- Thread starter SNBthetrue
- Start date
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Back in the day, I learned econ principles like "there's no free lunch" and that there were trade-offs to all policy moves. No more. It's free money, printed 24/7, literal helicopters full of falling dollars coming to a city near you. No inflation, either. Forget those skyrocketing commodity prices. We'll make inflation near zero (just like interest rates!) with our magical hedonic CPI adjustments.
It's almost like the Dot-Com era when earnings didn't matter any more. Or double-digit annual home price gains a few years ago that were supposed to continue infinitely. How gullible are people?
<iframe src="http://player.vimeo.com/video/5037736" width="400" height="225" frameborder="0"></iframe><p><a href="http://vimeo.com/5037736">Steaming City</a> from <a href="http://vimeo.com/user1857500">Simon Christen</a> on <a href="http://vimeo.com">Vimeo</a>.</p>