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Yes. The human tendency to find patterns where none exist makes the whole thing feel more compelling than it is
by oldmanjay 11y ago
Yes. The human tendency to find patterns where none exist makes the whole thing feel more compelling than it is
- adventured 11y agoThere is an obvious pattern. The Fed is intentionally inflating asset bubbles to fake economic recoveries. Those asset bubbles inevitably must implode because they're not supported by fundamentals (such as the extremely slow GDP growth the prior six years). They did it in response to the 2001 recession, and they did it again in response to the 2009 recession. They openly admitted they were attempting to inflate assets this time around.