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The Crack Up Boom in the Bust
2 years ago
6
https://mrdevinney.com/the-crack-up-boom-in-the-bust/
Soaring inflation will lead to a fictitious boom. Goods will be purchased because the masses understand the money is losing value. This will give rise to the crack-up boom. The boom prior to that was manufactured, and the bust is a man-made disaster. The crack-up boom is a symptom to printing money. This will distort economic figures. It gives the appearance of health, but it’s a sign that the economy is considerably worse.
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