The entire US economy right now is 7 companies sending a trillion fake dollars back and forth to each other, but it’s totally not a bubble according to grampa Powell.
The entire US economy right now is 7 companies sending a trillion fake dollars back and forth to each other, but it’s totally not a bubble according to grampa Powell.
I mean, if you add enough circles to your graph, it just shows how the entire economy works. What’s the cutoff point where it’s an obvious bubble and when it is just normal economics in motion?
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Sure, just define value…
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