SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ajtj99 who wrote (92912)6/28/2025 12:11:40 PM
From: Real Man  Read Replies (2) of 96464
 
Very interesting. It would seem that these cycles might no longer apply in the modern world of central banking.
A lot has changed in 70-80 years, the bond cycle period. Bernanke put prevents deflationary busts, so now debt tends to only increase into perpetuity until the Keynesian system breaks down. It would seem we are here. The gold standard was present in the USA in some form until 1971, today all currencies are printed at will and managed by central bankers with Phillips curve, thus debt tends to increase with asset prices into perpetuity. By the time we reached 1960s, the debt bubble from the Great Depression was already worked out through war spending. There wasn’t much government debt which allowed inflationary dynamics to take hold.
Today countries tend to blow up via currency crises when Keynesian economy of Phillips curve management malfunctions, but the US dollar is too big for that.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext