The widely ignored lesson of Y2K AND 2008 is that the Fed CAN’T use monetary stimulus to bailout investors from a collapsing asset bubble CAUSED by excessive monetary stimulus. But they can accelerate it.

The widely ignored lesson of Y2K AND 2008 is that the Fed CAN'T use monetary stimulus to bailout investors from a collapsing asset bubble CAUSED by excessive monetary stimulus. But they can accelerate it. pic.twitter.com/jX1Dbdy5rq — Mac10 (@SuburbanDrone) April 14, …

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