08-13-2024, 11:05 AM
I don't think anyone is running the show. I think it's mostly politicians trying to stay in power by keeping the bubble going in the short run and hoping they get out of dodge before it hits the fan. To be more specific they're trying to keep the bubble going with government spending, borrowing, artificially low rates and money printing. In other words "stimulus". They had to slow down with the stimulus because price inflation got politically unpopular but they're about fire it up again. The problem is the price inflation will come roaring back as soon as the stimulus starts, it won't take that long this time.
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