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Non-Tech : Bubbles

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To: petal who wrote (23)10/7/2021 3:35:42 PM
From: Harshu Vyas   of 47
 
Ah Charles Mackay...how I'd love to hear your thoughts! A true genius.

On to the bonds... they have only delayed the inevitable. Have a look on the federal reserve's website. They have taken on to much of a deficit. Debt to GDP similar to that of WW2 - slightly higher. Postwar inflation in the USA was awful for the stock market.

I've been studying bonds since the beginning of May- corporations too have taken on too much debt but it is likely that it will be eroded by the inflation.

As for money in circulation, read this and previous copies:
h41.pdf (federalreserve.gov)

More to follow soon.
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