Friday, July 20, 2018

if you want the dow at 30,000, it's not an impossibility, but you need to print the money that takes us up to 30,000 tokens worth of credit, first.

and, if you insist on destroying money, instead, you're going to deflate the bubble.

to be clear: there's no reason you can't inflate the dow to 40,000, 50,000 - 100,000. but, it's a question of how much money you want to print, to do it.

what you can't do is create paper wealth and destroy it at the same time.