Be Careful Comparing The Bubble With Today (Hint: Fed Went From Soulful To Shattering With Collapsing Money Velocity)

by confoundedinterest17

It is problematic comparing stock market ratios of today …

to the infamous bubble of 1995 to 2004.

Why? The Federal Reserve wasn’t pumping trillions into the market.

READ  Published in USA Today on november 2nd, the last day you could raise these questions without being called a conspiracy theorist:

Look at the red line (Fed Funds Target Rate from 6.5% in 2000 to 0.25% today and the orange line (the massive growth of The Federal Reserve Balance Sheet).

The Fed isn’t trying just a little, but tried so hard. M2 Money Velocity was over 2.0 but is now almost 1.0 with M2 Money growing at 24.1%.

Can The Fed endlessly print money without consequence? Of course not. We are ka-screwed.

Is Fed Chair Jerome Powell really Vanilla Ice?