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clock Created with Sketch. 07/01/22
12:53
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Originally posted by JimmyD75:
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' Hopefully, when confident that this fiscal and monetary stimulus is no longer required then the current expansionary policy is expected to change to either a neutral, or contractionary one.' You don't think the fiscal and monetary stimulus has been overdone in the last few years? ididwork and dolcevita on this one, in that the fiscal and monetary policymakers first bailed out the banks, and then facilitated the type of fiscal/monetary policy (which you call expansionary, but I call loose af) which has created the enormous asset bubble we have today. People have indeed been brainwashed in the last few years into believing that this is a conventional economic setting and so are taking on huge risks in not only investing in stocks and cryptocurrency, but real estate too. It is indeed a global asset bubble, an 'everything' bubble, recklessly built on leverage and the fear of missing out.
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@jimmy ....As with Cryptos, I have now been doing my studies into the the other blockchain source of wealth NFTs. I found the concept absolutely risible. I was laughing my head off, at the end of one article promoting it. What a godsend for the scammers. Digitized art! Some will make money, many won't.
