so are we just in a general asset bubble now have any assets gotten cheaper lately real estate, equity, bonds, crypto even. all super expensive whats going on
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Crazy idea here: Asset inflation is asset inflation
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Assets have been pumped by cb easing for 10 years by now. That you're noticing it now doesnt make the situation any different. We're in a catastrophic liquidity trap. Issue isnt inflation, its secular deflationary pressure brought by a debt recalibration that was denied in '08
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