Stock market will crash first and then be reflated.... There is still the ability to "create" dollar out of nothing to buy / support whatever bubble they blew up it will just keep going.
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Stock market will crash first and then be reflated.... There is still the ability to "create" dollar out of nothing to buy / support whatever bubble they blew up it will just keep going.
I agree the stock market will crash first. But if it takes $100 to buy a loaf of bread what does more money matter?
Well that is the problem of letting credit loose. At some point the bad debt has to be dealt with, but it is so political unpopular it is just going to be kicked down the road till it blows up in whoever's face.