this is by definition a bubble, and bubbles always pop. I wouldn't be so confident. Stocks do crash hard and they are currently completely decoupled from reality.
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this is by definition a bubble, and bubbles always pop. I wouldn't be so confident. Stocks do crash hard and they are currently completely decoupled from reality.
A bubble backed by the FED during an election year. :)
One could argue they have been mostly decoupled since 2009... At that point it was no longer a free market. It was a "Big Brother FED will have your back" market and it has been that way ever since.
yeah that's true, I mean perhaps it's a new economic model that somehow will continue to work. But I have heard that in general all fiat currencies have failed when they get printed to infinity. I guess the only thing that has prevented a dollar collapse is that the US still has a strong economy and military. But with China knocking next door...
Yes, on a long enough timeline all fiat currencies have failed. The USD may have years left, decades left, or centuries left but it too will likely eventually fail.