Asset Shortage, from Zubin Al Genubi
The flip side or cause of an asset shortage was too much money and liquidity. Money is nothing more than confidence and optimism and both have taken a hit from propaganda and governmental mismanagement and uncertainty about what a handful if governing idiots will decide for the rest of the world. Froth, exuberance are the ideas. Money just disappears now and I'm not clear on the mechanism except for asset prices and credit.
Comments
Jim on June 9, 2020 2:40 pm
What I forgot is the FED and Congress pumping actual dollars into the economy