Courtesy of Mish.
A concerned reader wants to know if there are any precedents for the monetary printing we see today, and also when and how this all ends.
Hello Mish,
I wish to get your opinion as to how, or the possible sequence of end games to this bubble economy.
The Fed, ECB, and BoJ all print trillions of $$ to keep bubble inflated. Are there any historical times that match we have seen here?
Are there any measurements that would trigger an avalanche of storms in stock market and economy?
I just cannot believe this bubble will keep going perpetually.
Sean
What Cannot Go On Won’t
What cannot go on won’t, but that’s about all anyone can say at the moment.
There are no precedents for the trio of negative interest rates and massive amounts of QE by numerous countries simultaneously in a clear game of competitive currency devaluations.
Even if there was a precedent, there would not be any guarantees things would play out the same.
End Game Speculation
We are all speculating how this ends. No one can tell you because no one knows.
There are too many variables in play.
