And yet you didn't manage to find a single one to point out and inform me of where I'm misguided, only a condescending response. Address any one of my claims about asset prices and the fed's actions distorting price discovery, please. I'd rather be wrong and realize that I'll be just fine not panic buying assets while free money is distributed and stocks rip to infinity, ignoring any and all fundamentals.
Tell me how I'm wrong about housing prices in the last ten years doubling and tripling in some areas. Tell me again how my USD are just fine and buying the same amount of goods and services they did 10 years ago, because I contend their buying power has been effectively halved by the moral hazard presented by the fed and Congress not allowing failures to happen. They're doing the exact same thing right now. How will this end? Deflation? I used to think so but not anymore. JPow even said himself that he has unlimited power to print money. They'll sooner destroy the currency than allow a deflationary depression to take hold.
Again, please, educate me as to what my "many issues" are with any of what I've said.
One is that overall inflation does not make price discovery problematic, because price discovery is a mechanism based on the relative pricing between things.
Two is that inflation is projected to dip below historical levels, so claims of a great inflationary spike that should be met by riots are not at all backed by empirical evidence.
You're not really engaging in good faith, so I'm not going to continue this chain.
Tell me how I'm wrong about housing prices in the last ten years doubling and tripling in some areas. Tell me again how my USD are just fine and buying the same amount of goods and services they did 10 years ago, because I contend their buying power has been effectively halved by the moral hazard presented by the fed and Congress not allowing failures to happen. They're doing the exact same thing right now. How will this end? Deflation? I used to think so but not anymore. JPow even said himself that he has unlimited power to print money. They'll sooner destroy the currency than allow a deflationary depression to take hold.
Again, please, educate me as to what my "many issues" are with any of what I've said.