1999, the dot.com crash
Central banker solution -> throw cheap money at the banks
Leads to 2008 crash
2008 crash
Central banker solution -> throw cheap money at the banks
Leads to next crash (asset bubbles are everywhere now)
2013 -> Stop throwing cheap money at the banks
Leads to next crash (asset bubbles are everywhere now)
Eventually the band aid is going to come off and we will see who's been swimming naked.
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