More doom and dispair here! The big puzzle is why nobody in charge could see it coming, while it seemed obvious to me a long time ago. Of course, I believe that actions always have results, even if what those results will be is not instantly clear. And it seems that with a bit of analysis those results can usually be predicted. So does the fed not believe this? Or do they have a totally different hidden agenda. That is a question worthconsidering.

There is not much to substitute for being in the right place at the right time and doing the right thing. An insight into the future would be very handy in that regard!

But the best most of us can do is to examine data and make guesses, and some of those are correct and  tghe results are a benefit. Some folks do better than others, it seems.

One thing more, which I neglected to mention, is that in order to be able to spend this wealth on almost anything, those wonderfully appreciated shares must be sold to receive cash. And the brutal truth about selling is that it must have buyers, ready, willing, and able to pay for the shares. Without a buyer, selling is just a wish. So Sad.

The very disturbing part of this article is that it all makes perfect sense! The past has been just as described, and the actions of the federal reserve clowns just as reported. The slant is different, but certainly reality. The physics is that all bubbles do burst, although the mechanism is not so obvious,

mostly.

But I am not certain that the fed is the only culprit behind the galloping income spread (inequality), since there is an even wider spread of motivations and talents.

So now there are two urgent questions, the first being one of how to put the brakes on the runaway bus to avoid a crash, and the second being how to survive the crash when the brakes don't work? Having the right answers does seem to be rather important, even urgent.

I would have much rather had a text presentation that I could follow at my own pace.

It may be that those "Analysts" have listened to way more "sunshine" from CEOs than was healthy, and are now afflicted with a terminal case  of irrational optomism. Or maybe thet just  wanted the price to jump up so they could sell at a higher profit.

What was the basis of the analyst's predictions, anyway? I never trust proclamations b those unable to back up their assertions, it makes no sense to beieve fools.

The policies of the federal reserve bankers have been helping those who really don't need the heap and hurting those who are the most suscepable to being hurt. Incomes are rising for those who were already doing well, and this is in turn raising prices for those who were already marginalized. Does anybody else see a problem with that process? What it has been doing for a very long time is assuring that the rich get richer and the poor get the worst of the dregs. There needs to be arather fundamental adjustment in policy.

What will it take to make that happen?? Probably a bit of unpleasantness worse than what we have seen thus far, but I hope not.

Interesting and thorough and some interesting conclusions. And about the concept that all are equal: We are all born with equal value, but that changes as we grow. A vast skill-set and an attitude that is very willing to work are rather rare these days. Why should the lazy and the stupid be rewarded? Why should the greedy and ruthless have all the wealth?? Why should the top few at a company get perhaps a thousand times more than the workers who actually produce the products that bring the wealth? And why should the economy be tilted so that the very richest get all the profits while the average folks get shafted? That is what the federal reserve has been causing with the constant push for inflation, all of these years. And our elected officers have been in on it, not demanding a slowdown. If congress were to demand that inflation stop dead for a year, could it happen?? Possibly. Wall street might scream, so let them, but do not yield. Nobody will die if tyey stay just as wealthy for another year, instead of getting richer. ( am aware that this may seem a bit disjointed, but all is related, just like the rest of the economy.)

Possibly this time, with spending intended to protect those folks who are suffering, all of that money will not lead to immediate inflation, and possibly some of the price increases are indeed caused by shortages. But dumping an extra 10% of cash into the mix is certainly going to have an impact. Not every poison acts immediately, after all.

So while some of the immedite increases are caused by shortages, and folks having the money to pay those increased prices, the fact is that for the past hundred years or so, it is federal reserve actions that have reduuced the purchasing power of our money. Most of that time nothing was in short supply while the economy kept inflating. You know that and I know that. And we also know that the fed has stated that their policy is to always push for some inflation. So why defend what we all know has been the cause every time in the past??

I could live with a credit collapse, but it would probably be hard for the vast majority of society. So I hope that does not happenn.

Perhaps our FED needs their goals adjusted a bit.