“The Great Money Bubble” by David A. Stockman Excerpt #1
“Alas, the Fed’s liquidity fire hose has no targeting mechanism, and eventually, that leads to big-tie trouble. Indeed, the inflationary asset trouble that has been long brewing in plain sight is not arriving in a rush…..”today’s giant bubbles are global in scope….” (excerpts from his book). Stay tuned for more this week, right here at the website.