Nested bubbles.. an excellent crash course in economics, the Fed, US debt, inflation and (ultimately) sustainability.. Peakprosperity

“An imbalance between rich and poor is the oldest and most fatal ailment of all republics.” – Plutarch.

“There is no means of avoiding the final collapse of a boom brought about by credite expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved” – Ludwig von Mises

Peakprosperity crash course

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