Podcasts Business Investing WEALTHTRACK Financial Bubbles of Historic Proportions

Financial Bubbles of Historic Proportions

Published: Feb. 26, 2021, 10:43 p.m.

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The balance sheet of the Federal Reserve continues to surge at an unprecedented rate, up 83% y/y to a historic level, $7.59 trillion at the latest count.

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According to our WEALTHTRACK podcast guest, financial historian, and long-time market observer James Grant, interest rates, the \\u201ccentral pricing mechanism for financial markets\\u201d have been pushed to artificially low levels by the Fed\\u2019s policies which have created numerous market bubbles. He cites Bitcoin as one of the most extreme examples.

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WEALTHTRACK #1735 published on February 26, 2021

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More info: https://wealthtrack.com/bitcoin-is-one-of-many-bubbles-of-historic-proportions-today-says-financial-historian-james-grant/

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Common Sense: The Investor\\u2019s Guide to Equality, Opportunity, and Growth: https://amzn.to/3sxkIJm

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