4 ms·
Exactly. Every time there is any kind of mania there is always a slew of articles on how much people are making on it, there is a remarkable dearth of articles
by neffy 6y ago
Exactly. Every time there is any kind of mania there is always a slew of articles on how much people are making on it, there is a remarkable dearth of articles on how much is lost when the mania ends. (Credit to Reddit's Wall Street bets group for breaking that one a little though.)
The $3 trillion+ of money printing behind all this? As you say, completely lost in the wind. But for the record here it is:
https://fred.stlouisfed.org/series/M2 https://fred.stlouisfed.org/series/M2
You can go back 100 years in US monetary history and not see its like.